Lake Forest, California vs. Franklin Lakes, New Jersey

Cost of Living Comparison

The cost of living in Franklin Lakes, New Jersey is 15.6% more expensive than Lake Forest, California.

You would need a salary of $57,793 in Franklin Lakes, New Jersey to maintain the standard of living you have in Lake Forest, California.
Comparison highlights
• Overall, Franklin Lakes, New Jersey is more expensive than Lake Forest, California
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
29% more expensive in Franklin Lakes
than in Lake Forest, California
Lake Forest, CA vs. Franklin Lakes, NJ
Compared to Lake Forest, Franklin Lakes is:
  Homeowner
      No Child Care, Taxes not Considered
  15.6% 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
  10.4% higher
  Housing (Homeowner)
  31.1% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  10.4% higher
  Commute
  25.4% higher
  Health
  4.8% higher
  Taxes
  Childcare
  Personal
  8.8% higher