Colonia, NJ vs Yardville, NJ
There is a significant gap in the cost of living between these two cities. Yardville is 23.5% cheaper than Colonia. With a cost index of 112 vs 138, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Yardville to Colonia should plan for substantially higher expenses across most categories.
On the housing front, median rent in Colonia is $1,964/month compared to $1,614/month in Yardville — a 22% difference. Home values follow the same pattern: Yardville is more affordable at $326,400 median vs $473,200.
Median household income in Colonia is $134,301 compared to $100,776 in Yardville (+33.3%). 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 19.2% in Yardville.
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