Similar to its nearby areas, it's a bit less expensive compared to the entire country. Compared to the city of New York however, it is significantly less expensive.
Home prices
Pomona's median home cost is $202,400. Compared to other places in this area this is is very similar.It is approximately $15,100 (6%) lower compared to the country as a whole, and compared to the city of New York it is about $403,600 (66%) lower.
Rents
In Pomona the median monthly rent is $712. In comparison to nearby areas it is about $704 (49%) lower.In comparison to the United States as a whole it is roughly $350 (32%) lower, and compared to the city of New York is approximately $731 (50%) lower.
Nearby places
Smithville
Smithville is approximately 3 miles northeast from Pomona. The housing prices there are similar. The median home in Smithville is valued at $202,800, which is very similar to Pomona. Rent there is a lot more expensive. The median rent in Smithville is $1,198 per month, which works out to $486 (40%) higher than Pomona.
Absecon
Absecon is approximately 4 miles southeast from Pomona. Real estate prices there are a little less expensive. The median home in Absecon is valued at $191,300, which comes out to $11,100 (5%) lower than Pomona. Rent there is significantly more expensive. In Absecon the median monthly rent is $1,402, which comes out to $690 (49%) higher than Pomona.
Port Republic
Port Republic is roughly 5 miles northeast of Pomona. Its real estate prices are a bit more expensive. The value of the median home in Port Republic is $267,100, which works out to $64,700 (24%) higher than Pomona. The rent there is significantly more expensive. The median rent in Port Republic is $1,600 per month, which is $888 (55%) higher than Pomona.
Pleasantville
Pleasantville is roughly 5 miles south of Pomona. Its housing prices are a lot less expensive. The median home in Pleasantville is valued at $131,800, which works out to $70,600 (53%) lower than Pomona. Rents there are a lot more expensive. The median monthly rent in Pleasantville is $1,159, which is $447 (38%) higher than Pomona.
Northfield
Northfield is roughly 6 miles south of Pomona. Its housing prices are somewhat more expensive. The median home cost in Northfield is $223,100, which comes out to $20,700 (9%) higher than Pomona. Rent there is substantially more expensive. In Northfield the median rent is $1,720 a month, which is $1,008 (58%) higher than Pomona.
