What is a pro or con of living in Franklin Lakes, New Jerseycompared to New Haven, Connecticut?

Median Home Cost is 382% more expensive in Franklin Lakes.

What salary do I need to live in Franklin Lakes, New Jersey copmared to New Haven, Connecticut?

A salary of $100,000 in New Haven, Connecticut should increase to $180,664 in Franklin Lakes, New Jersey (assumptions include Homeowner, no Child Care, and Taxes are not considered.

What is a cost of living index?

A Cost of living index is a number starting at 100(100 = US Average). Higher means the place is more expensive than the US Average and lower than 100 means the place is less expensive than the US Average.

NEW HAVEN vs. FRANKLIN LAKES
Cost of Living Comparison

New Haven, Connecticut vs. Franklin Lakes, New Jersey

Cost of Living Comparison

The cost of living in Franklin Lakes, New Jersey is 80.7% more expensive than New Haven, Connecticut.

You would need a salary of $180,664 in Franklin Lakes, New Jersey to maintain the standard of living you have in New Haven, Connecticut.

Comparison highlights

• Overall, Franklin Lakes, New Jersey is more expensive than New Haven, Connecticut
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
382% more expensive in Franklin Lakes
than in New Haven, Connecticut

New Haven, CT vs. Franklin Lakes, NJ

Compared to New Haven, Franklin Lakes is:

Homeowner

No Child Care, Taxes not Considered

80.7% higher

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

9.6% higher

Housing (Homeowner)

446.9% higher

Housing (Rent)

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Median Home Cost

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Utilities

13.7% lower

Commute

27.7% higher

Health

18.8% lower

Taxes

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Childcare

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Personal

8.3% lower

Cost of Food

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New Haven, Connecticut vs. Franklin Lakes, New Jersey

Cost of Living Comparison

Comparison highlights

New Haven, CT vs. Franklin Lakes, NJ

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