Colonia, NJ vs Strathmore, NJ

Strathmore is moderately more affordable than Colonia, with a 9.3% lower cost of living index. Colonia scores 138 compared to 126 for Strathmore, 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 $1,497/month in Strathmore — a 31% difference. Interestingly, home values tell a different story: while Strathmore has cheaper rent, Colonia actually has lower median home values ($473,200 vs $503,600).

Median household income in Colonia is $134,301 compared to $155,048 in Strathmore (-13.4%). Strathmore offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Colonia spend roughly 17.5% of their income on rent, more than the 11.6% in Strathmore.