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Barnegat Light, NJ vs Rainbow Lakes, NJ

170
Barnegat Light
New Jersey
VS
+16.4%
146
Rainbow Lakes
New Jersey

There is a significant gap in the cost of living between these two cities. Rainbow Lakes is 16.4% cheaper than Barnegat Light. With a cost index of 146 vs 170, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Rainbow Lakes to Barnegat Light should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Barnegat Light are $1,105,600 compared to $531,700 in Rainbow Lakes, a 108% gap.

Median household income in Barnegat Light is $104,583 compared to $109,083 in Rainbow Lakes (-4.1%). Rainbow Lakes offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

Income & Cost

Cost of Living Index
Barnegat Light
170
Rainbow Lakes
146
14% cheaper
Median Household Income
Barnegat Light
$104,583
Rainbow Lakes
$109,083
4% higher

Housing

Median Rent
Barnegat Light
Rainbow Lakes
$2,079
Median Home Value
Barnegat Light
$1,105,600
Rainbow Lakes
$531,700
52% cheaper
Population
Barnegat Light
473
Rainbow Lakes
1,376

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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