Bloomingdale, NJ vs Hillsborough, NJ

Bloomingdale, NJ and Hillsborough, NJ have a very similar cost of living, with only a 3.8% difference in their overall index. Bloomingdale scores 126 while Hillsborough scores 131 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 Bloomingdale is $1,772/month compared to $1,898/month in Hillsborough — a 7% difference. Home values follow the same pattern: Bloomingdale is more affordable at $398,000 median vs $411,400.

Median household income in Bloomingdale is $126,221 compared to $142,275 in Hillsborough (-11.3%). While Hillsborough is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bloomingdale spend roughly 16.8% of their income on rent, more than the 16% in Hillsborough.