Wayne, New Jersey vs. Franklin Lakes, New Jersey

Cost of Living Comparison

The cost of living in Franklin Lakes, New Jersey is 41.5% more expensive than Wayne, New Jersey.

You would need a salary of $70,750 in Franklin Lakes, New Jersey to maintain the standard of living you have in Wayne, New Jersey.
Comparison highlights
• Overall, Franklin Lakes, New Jersey is more expensive than Wayne, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
115% more expensive in Franklin Lakes
than in Wayne, New Jersey
Wayne, NJ vs. Franklin Lakes, NJ
Compared to Wayne, Franklin Lakes is:
  Homeowner
      No Child Care, Taxes not Considered
  41.5% higher
      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
  7.1% higher
  Housing (Homeowner)
  116.7% higher
  Housing (Rent)
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  Median Home Cost
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  Utilities
  8.3% higher
  Commute
  1.0% higher
  Health
  3.3% lower
  Taxes
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  Childcare
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  Personal
  5.1% higher
Cost of Food
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