Carneys Point, NJ vs Concordia, NJ

There is a significant gap in the cost of living between these two cities. Carneys Point is 29.7% cheaper than Concordia. With a cost index of 90 vs 127, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Carneys Point to Concordia should plan for substantially higher expenses across most categories.

On the housing front, median rent in Carneys Point is $1,283/month compared to $2,093/month in Concordia — a 39% difference. Home values follow the same pattern: Carneys Point is more affordable at $180,600 median vs $298,500.

Median household income in Carneys Point is $75,436 compared to $57,063 in Concordia (+32.2%). Carneys Point offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Carneys Point spend roughly 20.4% of their income on rent, less than the 44% in Concordia. The Carneys Point ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.