What is a pro or con of living in Mendham township, New Jerseycompared to Franklin township (Somerset County), New Jersey?

Median Home Cost is 146% more expensive in Mendham township.

What salary do I need to live in Mendham township, New Jersey copmared to Franklin township (Somerset County), New Jersey?

A salary of $50,000 in Franklin township (Somerset County), New Jersey should increase to $81,168 in Mendham township, 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.

FRANKLIN TOWNSHIP (SOMERSET COUNTY) vs. MENDHAM TOWNSHIP
Cost of Living Comparison

Franklin township (Somerset County), New Jersey vs. Mendham township, New Jersey

Cost of Living Comparison

The cost of living in Mendham township, New Jersey is 62.3% more expensive than Franklin township (Somerset County), New Jersey.

You would need a salary of $81,168 in Mendham township, New Jersey to maintain the standard of living you have in Franklin township (Somerset County), New Jersey.

Comparison highlights

• Overall, Mendham township, New Jersey is more expensive than Franklin township (Somerset County), New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
146% more expensive in Mendham township
than in Franklin township (Somerset County), New Jersey

Franklin Township (Somerset County), NJ vs. Mendham Township, NJ

Compared to Franklin Township (Somerset County), Mendham Township is:

Homeowner

No Child Care, Taxes not Considered

62.3% 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

4.6% higher

Housing (Homeowner)

109.6% higher

Housing (Rent)

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Median Home Cost

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Utilities

10.3% lower

Commute

3.9% lower

Health

1.9% higher

Taxes

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Childcare

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Personal

0.8% higher

Cost of Food

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Franklin township (Somerset County), New Jersey vs. Mendham township, New Jersey

Cost of Living Comparison

Comparison highlights

Franklin Township (Somerset County), NJ vs. Mendham Township, NJ

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