Housing costs in Lawrence township (Mercer County)?
A typical home costs
$350,100, which is 3.5% more expensive than the national average of
$338,100 and 19.0% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Lawrence township (Mercer County) costs
$2,200 per month, which is 53.8% more than the national average of
$1,430 and 22.3% more than the state average of
$1,710.
Can I afford Lawrence township (Mercer County)?
To live comfortably in Lawrence township (Mercer County), New Jersey, a minimum annual income of
$66,960 for a family, and
$67,200 for a single person is recommended.
What does A.I. say about Lawrence township (Mercer County)?
The cost of living in Lawrence Township, Mercer County, NJ is relatively high compared to the rest of the state. The cost of goods and services in this area is 10% higher than the national average. Housing costs are especially high, with median rent for a two-bedroom apartment coming in at around $1700 per month. Utility bills, groceries, and transportation costs can also add up quickly. Despite the higher overall cost of living, Lawrence Township is a desirable place to live as it has easy access to major highways and provides its residents with excellent educational opportunities, parks, and recreation centers.