Housing costs in Lake Como?
A typical home costs
$653,400, which is 93.3% more expensive than the national average of
$338,100 and 51.2% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Lake Como costs
$1,610 per month, which is 12.6% more than the national average of
$1,430 and 6.2% cheaper than the state average of
$1,710.
Can I afford Lake Como?
To live comfortably in Lake Como, New Jersey, a minimum annual income of
$125,280 for a family, and
$51,200 for a single person is recommended.
What does A.I. say about Lake Como?
The cost of living in Lake Como, NJ is relatively high compared to other parts of the country. The median home price in the area is around $500,000 and the median household income is just over $80,000. Rent prices are also high, with an average two-bedroom apartment rental costing around $1,400 per month. Utilities tend to be slightly expensive due to the area's reliance on natural gas for heat and electricity. Overall, it can be expensive to live in Lake Como but there are definitely perks that come with living in this small town; close proximity to beaches and local attractions as well as a peaceful atmosphere all help make up for the higher cost of living.