Colonia, NJ vs Fair Haven, NJ

The cost of living difference between Colonia, NJ and Fair Haven, NJ is dramatic. Colonia is 38.2% cheaper than Fair Haven, a gap that translates to thousands of dollars per year in household expenses. Colonia has a cost index of 138 while Fair Haven sits at 223, 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 Colonia is $1,964/month compared to $3,500/month in Fair Haven — a 44% difference. Home values follow the same pattern: Colonia is more affordable at $473,200 median vs $943,300.

Median household income in Colonia is $134,301 compared to $237,132 in Fair Haven (-43.4%). While Fair Haven is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Colonia spend roughly 17.5% of their income on rent, less than the 17.7% in Fair Haven.