Edgewater, NJ vs Garfield, NJ

The cost of living difference between Edgewater, NJ and Garfield, NJ is dramatic. Garfield is 42.5% cheaper than Edgewater, a gap that translates to thousands of dollars per year in household expenses. Edgewater has a cost index of 179 while Garfield sits at 126, 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 Edgewater is $2,645/month compared to $1,612/month in Garfield — a 64% difference. Home values follow the same pattern: Garfield is more affordable at $454,300 median vs $723,400.

Median household income in Edgewater is $137,847 compared to $75,701 in Garfield (+82.1%). While Edgewater is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Edgewater spend roughly 23% of their income on rent, less than the 25.6% in Garfield.