Housing costs in Lyons?
A typical home costs
$584,300, which is 72.8% more expensive than the national average of
$338,100 and 35.2% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Lyons costs
$2,620 per month, which is 83.2% more than the national average of
$1,430 and 34.7% more than the state average of
$1,710.
Can I afford Lyons?
To live comfortably in Lyons (zip 07939), New Jersey, a minimum annual income of
$111,960 for a family, and
$82,800 for a single person is recommended.
What does A.I. say about Lyons?
The cost of living in 07939 Lyons, NJ is relatively high. The overall cost of living index for the area is 122.5, which is 22.5 above the national average. The median home price in this area is upwards of $500,000, and housing costs represent a significant portion of the local economy. Grocery prices are also fairly high in the area, although they remain below the state average. Taxes are also comparatively higher in this region than many other parts of New Jersey. This means that while 07939 Lyons may offer a desirable quality of life to residents, it comes at a significant financial cost.