Bellmawr, NJ vs Oaklyn, NJ

Bellmawr, NJ and Oaklyn, NJ have a very similar cost of living, with only a 3.4% difference in their overall index. Bellmawr scores 88 while Oaklyn scores 91 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Bellmawr is $1,141/month compared to $1,166/month in Oaklyn — a 2% difference. Home values follow the same pattern: Bellmawr is more affordable at $216,500 median vs $245,000.

Median household income in Bellmawr is $74,812 compared to $81,514 in Oaklyn (-8.2%). While Oaklyn 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 17.2% in Oaklyn.