Mendham township, New Jersey vs. Mountain Lakes, New Jersey

Cost of Living Comparison

The cost of living in Mountain Lakes, New Jersey is 7.8% cheaper than Mendham township, New Jersey.

You would need a salary of $46,106 in Mountain Lakes, New Jersey to maintain the standard of living you have in Mendham township, New Jersey.
Comparison highlights
• Overall, Mountain Lakes, New Jersey is cheaper than Mendham township, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
16% cheaper in Mountain Lakes
than in Mendham township, New Jersey
Mendham Township, NJ vs. Mountain Lakes, NJ
Compared to Mendham Township, Mountain Lakes is:
  Homeowner
      No Child Care, Taxes not Considered
  7.8% 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
  1.2% higher
  Housing (Homeowner)
  10.7% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  0.0% higher
  Commute
  1.0% higher
  Health
  0.0% higher
  Taxes
  Childcare
  Personal
  0.5% higher