Chatham, NJ vs Woodbury Heights, NJ

The cost of living difference between Chatham, NJ and Woodbury Heights, NJ is dramatic. Woodbury Heights is 88.6% cheaper than Chatham, a gap that translates to thousands of dollars per year in household expenses. Chatham has a cost index of 185 while Woodbury Heights sits at 98, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Chatham is $2,251/month compared to $1,353/month in Woodbury Heights — a 66% difference. Home values follow the same pattern: Woodbury Heights is more affordable at $260,000 median vs $944,300.

Median household income in Chatham is $250,001 compared to $130,101 in Woodbury Heights (+92.2%). While Chatham is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Chatham spend roughly 10.8% of their income on rent, less than the 12.5% in Woodbury Heights.