Cost of Living Calculator - Red Bank, New Jersey vs Budd Lake, New Jersey


The cost of living in Budd Lake, New Jersey is 2.3% cheaper than Red Bank, New Jersey.

You would need a salary of $48,850 in Budd Lake, New Jersey to maintain the standard of living you have in Red Bank, New Jersey.
Comparison highlights
• Overall, Budd Lake, New Jersey is cheaper than Red Bank, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
17% cheaper in Budd Lake
than in Red Bank, New Jersey
Red Bank, NJ vs Budd Lake, NJ
Compared to Red Bank, Budd Lake is:
  Homeowner
      No Child Care, Taxes not Considered
  2.3% 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
  1.3% lower
  Housing (Homeowner)
  14.2% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  2.5% higher
  Commute
  44.9% higher
  Health
  1.1% higher
  Taxes
  Childcare
  Personal
  6.8% higher

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