Cost of Living in Vernon Valley, NJ
Population: 983 | New Jersey
Vernon Valley is 6% more expensive than the national average.
Cost of Living in Vernon Valley, NJ: What You Need to Know
With a cost of living index of 106, Vernon Valley, NJ is somewhat more expensive than average. Living here is 6% more expensive than the national average and 22% below the New Jersey state average of 128. Vernon Valley is a small community of 983 residents.
The median household income in Vernon Valley is $123,707, which is 65% higher than the national median of $75,149.
Everyday prices in the New York-Newark-Jersey City, NY-NJ (Metropolitan Statistical Area) metro area tend to run above the national average. Out of 6 common grocery and utility items tracked by the Bureau of Labor Statistics, 6 are priced higher 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
- $123,707
- vs US Median ($75,149)
- +65%
Housing
- Median Home Value
- $321,600
- Median Monthly Housing Cost
- $1,415/mo
Everyday Prices in Vernon Valley
BLS Average Prices for the New York-Newark-Jersey City, NY-NJ (Metropolitan Statistical Area) area