Burlington, NJ vs Carteret, NJ

There is a significant gap in the cost of living between these two cities. Burlington is 21.7% cheaper than Carteret. With a cost index of 102 vs 131, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Burlington to Carteret should plan for substantially higher expenses across most categories.

On the housing front, median rent in Burlington is $1,598/month compared to $2,012/month in Carteret — a 21% difference. Home values follow the same pattern: Burlington is more affordable at $221,000 median vs $370,200.

Median household income in Burlington is $78,009 compared to $87,553 in Carteret (-10.9%). The higher salaries in Carteret partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Burlington spend roughly 24.6% of their income on rent, less than the 27.6% in Carteret.