Avalon, NJ vs Medford Lakes, NJ

The cost of living difference between Avalon, NJ and Medford Lakes, NJ is dramatic. Medford Lakes is 74% cheaper than Avalon, a gap that translates to thousands of dollars per year in household expenses. Avalon has a cost index of 228 while Medford Lakes sits at 131, 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 Avalon is $1,615/month compared to $2,136/month in Medford Lakes — a 24% difference. Interestingly, home values tell a different story: while Avalon has cheaper rent, Medford Lakes actually has lower median home values ($368,200 vs $1,756,100).

Median household income in Avalon is $143,482 compared to $151,190 in Medford Lakes (-5.1%). Medford Lakes offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Avalon spend roughly 13.5% of their income on rent, less than the 17% in Medford Lakes.