Cost of Living Calculator - Paterson, New Jersey vs Lakewood township, New Jersey


The cost of living in Lakewood township, New Jersey is 2.0% cheaper than Paterson, New Jersey.

You would need a salary of $48,982 in Lakewood township, New Jersey to maintain the standard of living you have in Paterson, New Jersey.
Comparison highlights
• Overall, Lakewood township, New Jersey is cheaper than Paterson, New Jersey
• Transportation is the biggest factor in the cost of living difference.
Transportation
34% cheaper in Lakewood township
than in Paterson, New Jersey
Paterson, NJ vs Lakewood_Township, NJ
Compared to Paterson, Lakewood_Township is:
  Homeowner
      No Child Care, Taxes not Considered
  2.0% 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
  1.6% higher
  Housing (Homeowner)
  24.5% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  8.6% lower
  Commute
  34.0% lower
  Health
  3.5% lower
  Taxes
  Childcare
  Personal
  0.3% higher

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