Housing costs in Pomona?
A typical home costs
$327,900, which is 3.0% less expensive than the national average of
$338,100 and 24.1% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Pomona costs
$1,620 per month, which is 13.3% more than the national average of
$1,430 and 5.6% cheaper than the state average of
$1,710.
Can I afford Pomona?
To live comfortably in Pomona (zip 08240), New Jersey, a minimum annual income of
$63,000 for a family, and
$51,600 for a single person is recommended.
What does A.I. say about Pomona?
The cost of living in 08240 Pomona, NJ is generally more expensive than most places in the United States. Housing prices are high, with an average median price for a house or condo hovering around $409,000. Groceries and other necessities are also costly, with an overall cost of living index standing at 154.6 (the national average is 100). However, because it is such a small town, there are plenty of ways to save money and still enjoy the amenities of this town. There are plenty of options for cheaper housing outside the city center, as well as discounts on groceries thanks to the local farmers market. In addition, Pomona offers less-expensive access to public transportation compared to other cities in the area.