Cedar Glen Lakes, NJ vs Magnolia, NJ

Cedar Glen Lakes, NJ and Magnolia, NJ have a very similar cost of living, with only a 3.4% difference in their overall index. Cedar Glen Lakes scores 87 while Magnolia scores 90 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 Cedar Glen Lakes are $97,000 compared to $221,100 in Magnolia, a 56% gap.

Median household income in Cedar Glen Lakes is $33,958 compared to $89,489 in Magnolia (-62.1%). While Magnolia is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.