Housing costs in Elmer?
A typical home costs
$285,100, which is 15.7% less expensive than the national average of
$338,100 and 34.0% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Elmer costs
$1,440 per month, which is 0.7% more than the national average of
$1,430 and 18.8% cheaper than the state average of
$1,710.
Can I afford Elmer?
To live comfortably in Elmer (zip 08318), New Jersey, a minimum annual income of
$54,720 for a family, and
$47,600 for a single person is recommended.
What does A.I. say about Elmer?
The cost of living in 08318 Elmer, NJ is quite manageable. The median home value sits at $165,100 which is lower than the national average of $200,000. In addition to this, the cost of goods and services is around 92% of the national average. Overall, Elmer offers a great quality of life at an affordable cost for its residents.