Cost of Living in Mount Hermon, NJ
Population: 237 | New Jersey
Mount Hermon is 7% more expensive than the national average.
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