Beverly, NJ vs Midland Park, NJ

The cost of living difference between Beverly, NJ and Midland Park, NJ is dramatic. Beverly is 39.1% cheaper than Midland Park, a gap that translates to thousands of dollars per year in household expenses. Beverly has a cost index of 87 while Midland Park sits at 143, 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 Beverly is $1,179/month compared to $1,837/month in Midland Park — a 36% difference. Home values follow the same pattern: Beverly is more affordable at $190,100 median vs $586,200.

Median household income in Beverly is $92,807 compared to $140,063 in Midland Park (-33.7%). The higher salaries in Midland Park partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Beverly spend roughly 15.2% of their income on rent, less than the 15.7% in Midland Park.