Franklin Lakes, New Jersey vs. Ramsey, New Jersey

Cost of Living Comparison

The cost of living in Ramsey, New Jersey is 22.5% cheaper than Franklin Lakes, New Jersey.

You would need a salary of $77,492 in Ramsey, New Jersey to maintain the standard of living you have in Franklin Lakes, New Jersey.
Comparison highlights
• Overall, Ramsey, New Jersey is cheaper than Franklin Lakes, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
48% cheaper in Ramsey
than in Franklin Lakes, New Jersey
Franklin Lakes, NJ vs. Ramsey, NJ
Compared to Franklin Lakes, Ramsey is:
  Homeowner
      No Child Care, Taxes not Considered
  22.5% lower
      Child Care, Taxes not Considered
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      Child Care, Taxes Considered
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      No Child Care, Taxes Considered
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  Renter
      No Child Care, Taxes not Considered
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      Child Care, Taxes not Considered
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      Child Care, Taxes Considered
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      No Child Care, Taxes Considered
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  Food
  5.0% lower
  Housing (Homeowner)
  40.6% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  0.4% lower
  Commute
  0.3% lower
  Health
  0.0% higher
  Taxes
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  Childcare
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  Personal
  0.7% lower
Cost of Food
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