Needham, Massachusetts vs. Franklin Lakes, New Jersey

Cost of Living Comparison

The cost of living in Franklin Lakes, New Jersey is 5.9% cheaper than Needham, Massachusetts.

You would need a salary of $47,038 in Franklin Lakes, New Jersey to maintain the standard of living you have in Needham, Massachusetts.
Comparison highlights
• Overall, Franklin Lakes, New Jersey is cheaper than Needham, Massachusetts
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
4% cheaper in Franklin Lakes
than in Needham, Massachusetts
Needham, MA vs. Franklin Lakes, NJ
Compared to Needham, Franklin Lakes is:
  Homeowner
      No Child Care, Taxes not Considered
  5.9% 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
  2.3% lower
  Housing (Homeowner)
  0.8% higher
  Housing (Rent)
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  Median Home Cost
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  Utilities
  1.0% higher
  Commute
  13.4% higher
  Health
  9.1% higher
  Taxes
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  Childcare
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  Personal
  0.8% lower
Cost of Food
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