Essex Fells, NJ vs Strathmore, NJ

The cost of living difference between Essex Fells, NJ and Strathmore, NJ is dramatic. Strathmore is 78.9% cheaper than Essex Fells, a gap that translates to thousands of dollars per year in household expenses. Essex Fells has a cost index of 226 while Strathmore 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 Essex Fells is $3,501/month compared to $1,497/month in Strathmore — a 134% difference. Home values follow the same pattern: Strathmore is more affordable at $503,600 median vs $976,300.

Median household income in Essex Fells is $250,001 compared to $155,048 in Strathmore (+61.2%). The higher salaries in Essex Fells partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Essex Fells spend roughly 16.8% of their income on rent, more than the 11.6% in Strathmore.