Bellmawr, NJ vs Highland Lakes, NJ

There is a significant gap in the cost of living between these two cities. Bellmawr is 26.4% cheaper than Highland Lakes. With a cost index of 88 vs 120, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Bellmawr to Highland Lakes should plan for substantially higher expenses across most categories.

On the housing front, median rent in Bellmawr is $1,141/month compared to $1,862/month in Highland Lakes — a 39% difference. Home values follow the same pattern: Bellmawr is more affordable at $216,500 median vs $291,200.

Median household income in Bellmawr is $74,812 compared to $129,500 in Highland Lakes (-42.2%). While Highland Lakes is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bellmawr spend roughly 18.3% of their income on rent, more than the 17.3% in Highland Lakes.