Bedminster, NJ vs Medford Lakes, NJ

The cost of living difference between Bedminster, NJ and Medford Lakes, NJ is dramatic. Medford Lakes is 49.9% cheaper than Bedminster, a gap that translates to thousands of dollars per year in household expenses. Bedminster has a cost index of 196 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 Bedminster is $2,917/month compared to $2,136/month in Medford Lakes — a 37% difference. Home values follow the same pattern: Medford Lakes is more affordable at $368,200 median vs $830,800.

Median household income in Bedminster is $123,289 compared to $151,190 in Medford Lakes (-18.5%). 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 Bedminster spend roughly 28.4% of their income on rent, more than the 17% in Medford Lakes.