Allentown, NJ vs Norwood, NJ

The cost of living difference between Allentown, NJ and Norwood, NJ is dramatic. Allentown is 30.2% cheaper than Norwood, a gap that translates to thousands of dollars per year in household expenses. Allentown has a cost index of 118 while Norwood sits at 169, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Allentown is $1,517/month compared to $2,446/month in Norwood — a 38% difference. Home values follow the same pattern: Allentown is more affordable at $397,100 median vs $676,400.

Median household income in Allentown is $134,583 compared to $164,766 in Norwood (-18.3%). The higher salaries in Norwood partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Allentown spend roughly 13.5% of their income on rent, less than the 17.8% in Norwood.