Housing costs in Elmer?
A typical home costs
$273,200, which is 19.2% less expensive than the national average of
$338,100 and 36.8% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Elmer 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 Elmer?
To live comfortably in Elmer, New Jersey, a minimum annual income of
$52,200 for a family, and
$46,000 for a single person is recommended.
What does A.I. say about Elmer?
Elmer, NJ is a great place to live for those looking for an affordable cost of living. The median home value in Elmer is $138,400, which is significantly lower than the national average. Additionally, the median household income in Elmer is $65,872, which is also much lower than the national average. This combination makes living in Elmer extremely affordable and gives most residents plenty of financial breathing room to enjoy the amenities that this small town has to offer. In addition to being affordable, Elmer also offers a variety of recreational activities for everyone to enjoy such as parks and trails, golf courses and tennis courts. All of these factors make Elmer an ideal location for those seeking an affordable cost of living with plenty to do.