Allendale, NJ vs Essex Fells, NJ
There is a significant gap in the cost of living between these two cities. Allendale is 19.2% cheaper than Essex Fells. With a cost index of 182 vs 226, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Allendale to Essex Fells should plan for substantially higher expenses across most categories.
On the housing front, median rent in Allendale is $2,648/month compared to $3,501/month in Essex Fells — a 24% difference. Home values follow the same pattern: Allendale is more affordable at $764,600 median vs $976,300.
Median household income in Allendale is $156,992 compared to $250,001 in Essex Fells (-37.2%). While Essex Fells is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Allendale spend roughly 20.2% of their income on rent, more than the 16.8% in Essex Fells.
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