Franklin Lakes, New Jersey vs. Bloomfield Hills, Michigan

Cost of Living Comparison

The cost of living in Bloomfield Hills, Michigan is 32.9% cheaper than Franklin Lakes, New Jersey.

You would need a salary of $33,526 in Bloomfield Hills, Michigan to maintain the standard of living you have in Franklin Lakes, New Jersey.
Comparison highlights
• Overall, Bloomfield Hills, Michigan is cheaper than Franklin Lakes, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
27% cheaper in Bloomfield Hills
than in Franklin Lakes, New Jersey
Franklin Lakes, NJ vs. Bloomfield Hills, MI
Compared to Franklin Lakes, Bloomfield Hills is:
  Homeowner
      No Child Care, Taxes not Considered
  32.9% lower
      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
  10.1% lower
  Housing (Homeowner)
  51.4% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  11.4% lower
  Commute
  17.4% lower
  Health
  18.4% lower
  Taxes
  Childcare
  Personal
  4.5% lower