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Brainards, NJ vs Sheppards Mill, NJ

85
Brainards
New Jersey
VS
-4.2%
88
Sheppards Mill
New Jersey

Brainards, NJ and Sheppards Mill, NJ have a very similar cost of living, with only a 4.2% difference in their overall index. Brainards scores 85 while Sheppards Mill scores 88 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.

When it comes to buying, median home values in Brainards are $121,600 compared to $187,500 in Sheppards Mill, a 35% gap.

Median household income in Brainards is $170,302 compared to $110,500 in Sheppards Mill (+54.1%). Brainards offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

Income & Cost

Cost of Living Index
Brainards
85
4% cheaper
Sheppards Mill
88
Median Household Income
Brainards
$170,302
35% higher
Sheppards Mill
$110,500

Housing

Median Rent
Brainards
Sheppards Mill
Median Home Value
Brainards
$121,600
35% cheaper
Sheppards Mill
$187,500
Population
Brainards
172
Sheppards Mill
71

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Brainards $3.01
Sheppards Mill $3.00
US $3.07
🥚
Eggs (grade A, large)
Brainards $2.46
Sheppards Mill $2.44
US $2.50
🥛
Milk (whole)
Brainards $3.96
Sheppards Mill $3.94
US $4.03
🍞
Bread (white)
Brainards $1.82
Sheppards Mill $1.81
US $1.85
🍗
Chicken breast
Brainards $4.07
Sheppards Mill $4.05
US $4.14
Electricity
Brainards $0.22
Sheppards Mill $0.20
US $0.19