What is a pro or con of living in Mountain Lakes, New Jerseycompared to New Hope, Pennsylvania?

Median Home Cost is 24% more expensive in Mountain Lakes.

What salary do I need to live in Mountain Lakes, New Jersey copmared to New Hope, Pennsylvania?

A salary of $50,000 in New Hope, Pennsylvania should increase to $55,067 in Mountain 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 HOPE vs. MOUNTAIN LAKES
Cost of Living Comparison

New Hope, Pennsylvania vs. Mountain Lakes, New Jersey

Cost of Living Comparison

The cost of living in Mountain Lakes, New Jersey is 10.1% more expensive than New Hope, Pennsylvania.

You would need a salary of $55,067 in Mountain Lakes, New Jersey to maintain the standard of living you have in New Hope, Pennsylvania.

Comparison highlights

• Overall, Mountain Lakes, New Jersey is more expensive than New Hope, Pennsylvania
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
24% more expensive in Mountain Lakes
than in New Hope, Pennsylvania

New Hope, PA vs. Mountain Lakes, NJ

Compared to New Hope, Mountain Lakes is:

Homeowner

No Child Care, Taxes not Considered

10.1% 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

2.3% lower

Housing (Homeowner)

46.2% higher

Housing (Rent)

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Median Home Cost

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Utilities

2.1% lower

Commute

4.8% higher

Health

0.7% higher

Taxes

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Childcare

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Personal

11.1% higher

Cost of Food

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New Hope, Pennsylvania vs. Mountain Lakes, New Jersey

Cost of Living Comparison

Comparison highlights

New Hope, PA vs. Mountain Lakes, NJ

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