Colonia, NJ vs Hackensack, NJ

Hackensack is moderately more affordable than Colonia, with a 11% lower cost of living index. Colonia scores 138 compared to 124 for Hackensack, where the US average is 100. This difference means residents of Colonia can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Colonia is $1,964/month compared to $1,794/month in Hackensack — a 10% difference. Home values follow the same pattern: Hackensack is more affordable at $370,300 median vs $473,200.

Median household income in Colonia is $134,301 compared to $82,212 in Hackensack (+63.4%). While Colonia 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 26.2% in Hackensack.