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Cost of Living in Mount Hermon, NJ

Population: 237 | New Jersey

107
Cost of Living Index
US Average = 100

Mount Hermon is 7% more expensive than the national average.

100
Housing
130
Home Values
99
Regional Price

Cost of Living in Mount Hermon, NJ: What You Need to Know

With a cost of living index of 107, Mount Hermon, NJ is somewhat more expensive than average. Living here is 7% more expensive than the national average and 21% below the New Jersey state average of 128. Mount Hermon is a small community of 237 residents.

The median household income in Mount Hermon is $71,250, which is 5% lower than the national median of $75,149.

Everyday prices in the Allentown-Bethlehem-Easton, PA-NJ (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 5 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.

Income

Median Household Income
$71,250
vs US Median ($75,149)
-5%

Housing

Median Home Value
$396,900
Median Monthly Housing Cost
$1,988/mo

Everyday Prices in Mount Hermon

BLS Average Prices for the Allentown-Bethlehem-Easton, PA-NJ (Metropolitan Statistical Area) area

$3.01
Gasoline (regular)
per gallon
-2% vs US
🥚
$2.46
Eggs (grade A, large)
per dozen
-2% vs US
🥛
$3.96
Milk (whole)
per gallon
-2% vs US
🍞
$1.82
Bread (white)
per lb
-2% vs US
🍗
$4.07
Chicken breast
per lb
-2% vs US
$0.22
Electricity
per kWh
+15% vs US

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