Bloomingdale, NJ vs Lakehurst, NJ
There is a significant gap in the cost of living between these two cities. Lakehurst is 16.9% cheaper than Bloomingdale. With a cost index of 108 vs 126, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lakehurst to Bloomingdale should plan for substantially higher expenses across most categories.
On the housing front, median rent in Bloomingdale is $1,772/month compared to $1,637/month in Lakehurst — a 8% difference. Home values follow the same pattern: Lakehurst is more affordable at $225,800 median vs $398,000.
Median household income in Bloomingdale is $126,221 compared to $80,458 in Lakehurst (+56.9%). While Bloomingdale 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, less than the 24.4% in Lakehurst.
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