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Country Lake Estates, NJ vs Mercerville, NJ

94
Country Lake Estates
New Jersey
VS
-17.7%
115
Mercerville
New Jersey

There is a significant gap in the cost of living between these two cities. Country Lake Estates is 17.7% cheaper than Mercerville. With a cost index of 94 vs 115, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Country Lake Estates to Mercerville should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Country Lake Estates are $226,000 compared to $330,500 in Mercerville, a 32% gap.

Median household income in Country Lake Estates is $124,636 compared to $125,678 in Mercerville (-0.8%). Mercerville does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget.

Income & Cost

Cost of Living Index
Country Lake Estates
94
18% cheaper
Mercerville
115
Median Household Income
Country Lake Estates
$124,636
Mercerville
$125,678
1% higher

Housing

Median Rent
Country Lake Estates
Mercerville
$1,704
Median Home Value
Country Lake Estates
$226,000
32% cheaper
Mercerville
$330,500
Population
Country Lake Estates
4,700
Mercerville
13,693

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Country Lake Estates $3.01
Mercerville $3.00
US $3.07
🥚
Eggs (grade A, large)
Country Lake Estates $2.46
Mercerville $2.44
US $2.50
🥛
Milk (whole)
Country Lake Estates $3.95
Mercerville $3.94
US $4.03
🍞
Bread (white)
Country Lake Estates $1.82
Mercerville $1.81
US $1.85
🍗
Chicken breast
Country Lake Estates $4.07
Mercerville $4.05
US $4.14
Electricity
Country Lake Estates $0.23
Mercerville $0.21
US $0.19