Housing costs in Mount Hermon?
A typical home costs
$0, which is 100.0% less expensive than the national average of
$338,100 and 100.0% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Mount Hermon costs
$1,760 per month, which is 23.1% more than the national average of
$1,430 and 2.8% more than the state average of
$1,710.
Can I afford Mount Hermon?
To live comfortably in Mount Hermon, New Jersey, a minimum annual income of
$78,480 for a family, and
$58,400 for a single person is recommended.
What does A.I. say about Mount Hermon?
The cost of living in Mount Hermon, NJ is above the national average. The median house value in the area is higher than the US average, which reflects the slightly more expensive cost of living overall. This makes sense considering the area is close to major cities like New York and Philadelphia, and is close to amenities like beaches and parks. Despite this slightly higher cost of living, Mount Hermon has a lot to offer with its stunning natural environment and easy access to all that urban life can offer.