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Chester, NJ vs Great Notch, NJ

132
Chester
New Jersey
VS
-5.7%
140
Great Notch
New Jersey

Chester is moderately more affordable than Great Notch, with a 5.7% lower cost of living index. Chester scores 132 compared to 140 for Great Notch, where the US average is 100. This difference means residents of Great Notch can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Chester is $1,337/month compared to $1,826/month in Great Notch — a 27% difference. Interestingly, home values tell a different story: while Chester has cheaper rent, Great Notch actually has lower median home values ($556,300 vs $640,400).

Median household income in Chester is $152,578 compared to $151,705 in Great Notch (+0.6%). Chester offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Chester spend roughly 10.5% of their income on rent, less than the 14.4% in Great Notch.

Income & Cost

Cost of Living Index
Chester
132
6% cheaper
Great Notch
140
Median Household Income
Chester
$152,578
1% higher
Great Notch
$151,705

Housing

Median Rent
Chester
$1,337
27% cheaper
Great Notch
$1,826
Median Home Value
Chester
$640,400
Great Notch
$556,300
13% cheaper
Population
Chester
1,359
Great Notch
3,898

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Chester $3.32
Great Notch $3.32
US $3.07
🥚
Eggs (grade A, large)
Chester $2.71
Great Notch $2.71
US $2.50
🥛
Milk (whole)
Chester $4.36
Great Notch $4.36
US $4.03
🍞
Bread (white)
Chester $2.00
Great Notch $2.00
US $1.85
🍗
Chicken breast
Chester $4.49
Great Notch $4.49
US $4.14
Electricity
Chester $0.24
Great Notch $0.24
US $0.19