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Allendale, NJ vs Cranbury, NJ

182
Allendale
New Jersey
VS
+19.3%
153
Cranbury
New Jersey

There is a significant gap in the cost of living between these two cities. Cranbury is 19.3% cheaper than Allendale. With a cost index of 153 vs 182, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Cranbury to Allendale should plan for substantially higher expenses across most categories.

On the housing front, median rent in Allendale is $2,648/month compared to $1,594/month in Cranbury — a 66% difference. Interestingly, home values tell a different story: while Cranbury has cheaper rent, Allendale actually has lower median home values ($764,600 vs $794,500).

Median household income in Allendale is $156,992 compared to $230,703 in Cranbury (-32%). Cranbury offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Allendale spend roughly 20.2% of their income on rent, more than the 8.3% in Cranbury.

Income & Cost

Cost of Living Index
Allendale
182
Cranbury
153
16% cheaper
Median Household Income
Allendale
$156,992
Cranbury
$230,703
32% higher

Housing

Median Rent
Allendale
$2,648
Cranbury
$1,594
40% cheaper
Median Home Value
Allendale
$764,600
4% cheaper
Cranbury
$794,500
Population
Allendale
6,820
Cranbury
2,304

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Allendale $3.32
Cranbury $3.32
US $3.07
🥚
Eggs (grade A, large)
Allendale $2.71
Cranbury $2.71
US $2.50
🥛
Milk (whole)
Allendale $4.36
Cranbury $4.36
US $4.03
🍞
Bread (white)
Allendale $2.00
Cranbury $2.00
US $1.85
🍗
Chicken breast
Allendale $4.49
Cranbury $4.49
US $4.14
Electricity
Allendale $0.24
Cranbury $0.24
US $0.19