Audubon, NJ vs Summit, NJ

The cost of living difference between Audubon, NJ and Summit, NJ is dramatic. Audubon is 49.1% cheaper than Summit, a gap that translates to thousands of dollars per year in household expenses. Audubon has a cost index of 96 while Summit sits at 189, 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 Audubon is $1,211/month compared to $2,308/month in Summit — a 48% difference. Home values follow the same pattern: Audubon is more affordable at $288,500 median vs $969,900.

Median household income in Audubon is $116,900 compared to $199,107 in Summit (-41.3%). The higher salaries in Summit partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Audubon spend roughly 12.4% of their income on rent, less than the 13.9% in Summit.