Housing costs in Lakewood township?
A typical home costs
$554,100, which is 63.9% more expensive than the national average of
$338,100 and 28.2% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Lakewood township costs
$1,390 per month, which is 2.8% cheaper than the national average of
$1,430 and 23.0% cheaper than the state average of
$1,710.
Can I afford Lakewood township?
To live comfortably in Lakewood township, New Jersey, a minimum annual income of
$106,200 for a family, and
$44,400 for a single person is recommended.
What does A.I. say about Lakewood township?
Living costs are very affordable in Lakewood with median housing prices around 17% less than those found elsewhere in New Jersey along with other basic necessities like food and transportation coming in below or close to the U.S. averages making total cost of living around 12% lower than the state’s average as well as 6% lower than the national average.