Collingswood, NJ vs Fair Lawn, NJ

There is a significant gap in the cost of living between these two cities. Collingswood is 23.9% cheaper than Fair Lawn. With a cost index of 107 vs 141, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Collingswood to Fair Lawn should plan for substantially higher expenses across most categories.

On the housing front, median rent in Collingswood is $1,420/month compared to $1,908/month in Fair Lawn — a 26% difference. Home values follow the same pattern: Collingswood is more affordable at $346,300 median vs $532,700.

Median household income in Collingswood is $83,917 compared to $147,952 in Fair Lawn (-43.3%). While Fair Lawn is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Collingswood spend roughly 20.3% of their income on rent, more than the 15.5% in Fair Lawn.