Housing costs in Erma?
A typical home costs
$361,800, which is 7.0% more expensive than the national average of
$338,100 and 16.3% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Erma costs
$1,490 per month, which is 4.2% more than the national average of
$1,430 and 14.8% cheaper than the state average of
$1,710.
Can I afford Erma?
To live comfortably in Erma, New Jersey, a minimum annual income of
$69,480 for a family, and
$45,200 for a single person is recommended.
What does A.I. say about Erma?
Erma, NJ is known for its affordable cost of living. The median home price in Erma is $170,000, which is much lower than the national average. This makes Erma an attractive option for those looking to purchase a home on a budget. Renting can also be quite reasonable, with the median rent for a two-bedroom apartment costing around $1,200 per month. In addition to its affordability, Erma also offers plenty of activities and amenities that make it an ideal place to live for adults and families alike. From beautiful parks and beaches to outdoor recreation and countless restaurants, there's something for everyone in Erma.