Bergenfield, NJ vs Oakland, NJ
Bergenfield, NJ and Oakland, NJ have a very similar cost of living, with only a 0.4% difference in their overall index. Bergenfield scores 131 while Oakland scores 130 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 Bergenfield is $1,744/month compared to $1,462/month in Oakland — a 19% difference. Interestingly, home values tell a different story: while Oakland has cheaper rent, Bergenfield actually has lower median home values ($469,200 vs $567,200).
Median household income in Bergenfield is $124,083 compared to $162,862 in Oakland (-23.8%). Oakland offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Bergenfield spend roughly 16.9% of their income on rent, more than the 10.8% in Oakland.
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