Franklin Lakes, New Jersey vs. Florham Park, New Jersey

Cost of Living Comparison

The cost of living in Florham Park, New Jersey is 17.2% cheaper than Franklin Lakes, New Jersey.

You would need a salary of $41,396 in Florham Park, New Jersey to maintain the standard of living you have in Franklin Lakes, New Jersey.
Comparison highlights
• Overall, Florham Park, New Jersey is cheaper than Franklin Lakes, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
38% cheaper in Florham Park
than in Franklin Lakes, New Jersey
Franklin Lakes, NJ vs. Florham Park, NJ
Compared to Franklin Lakes, Florham Park is:
  Homeowner
      No Child Care, Taxes not Considered
  17.2% lower
      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
  3.5% lower
  Housing (Homeowner)
  31.5% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  1.2% lower
  Commute
  4.4% lower
  Health
  1.5% higher
  Taxes
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  Childcare
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  Personal
  5.8% higher
Cost of Food
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