Groton, Connecticut vs. Budd Lake, New Jersey

Cost of Living Comparison

The cost of living in Budd Lake, New Jersey is 16.8% more expensive than Groton, Connecticut.

You would need a salary of $78,171 in Budd Lake, New Jersey to maintain the standard of living you have in Groton, Connecticut.
Comparison highlights
• Overall, Budd Lake, New Jersey is more expensive than Groton, Connecticut
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
29% more expensive in Budd Lake
than in Groton, Connecticut
Groton, CT vs. Budd Lake, NJ
Compared to Groton, Budd Lake is:
  Homeowner
      No Child Care, Taxes not Considered
  16.8% higher
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  0.9% lower
  Housing (Homeowner)
  36.3% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  8.1% lower
  Commute
  44.2% higher
  Health
  11.5% lower
  Taxes
  Childcare
  Personal
  11.3% higher