Cost of Living Calculator - Garwood, New Jersey vs Franklin Lakes, New Jersey


The cost of living in Franklin Lakes, New Jersey is 45.5% more expensive than Garwood, New Jersey.

You would need a salary of $72,748 in Franklin Lakes, New Jersey to maintain the standard of living you have in Garwood, New Jersey.
Comparison highlights
• Overall, Franklin Lakes, New Jersey is more expensive than Garwood, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
136% more expensive in Franklin Lakes
than in Garwood, New Jersey
Garwood, NJ vs Franklin Lakes, NJ
Compared to Garwood, Franklin Lakes is:
  Homeowner
      No Child Care, Taxes not Considered
  45.5% higher
      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
  7.7% higher
  Housing (Homeowner)
  140.2% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  2.5% lower
  Commute
  1.0% higher
  Health
  0.4% higher
  Taxes
  Childcare
  Personal
  5.7% higher

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