Princeton, New Jersey vs. Franklin Lakes, New Jersey

Cost of Living Comparison

The cost of living in Franklin Lakes, New Jersey is 28.7% more expensive than Princeton, New Jersey.

You would need a salary of $180,176 in Franklin Lakes, New Jersey to maintain the standard of living you have in Princeton, New Jersey.
Comparison highlights
• Overall, Franklin Lakes, New Jersey is more expensive than Princeton, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
39% more expensive in Franklin Lakes
than in Princeton, New Jersey
Princeton, NJ vs. Franklin Lakes, NJ
Compared to Princeton, Franklin Lakes is:
  Homeowner
      No Child Care, Taxes not Considered
  28.7% 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
  0.6% lower
  Housing (Homeowner)
  2.7% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  1.7% lower
  Commute
  36.2% higher
  Health
  0.5% higher
  Taxes
  Childcare
  Personal
  5.6% higher