Fair Lawn, NJ vs Highland Park, NJ

Fair Lawn, NJ and Highland Park, NJ have a very similar cost of living, with only a 4.8% difference in their overall index. Fair Lawn scores 141 while Highland Park scores 134 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Fair Lawn is $1,908/month compared to $1,881/month in Highland Park — a 1% difference. Home values follow the same pattern: Highland Park is more affordable at $463,600 median vs $532,700.

Median household income in Fair Lawn is $147,952 compared to $101,991 in Highland Park (+45.1%). While Fair Lawn is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Fair Lawn spend roughly 15.5% of their income on rent, less than the 22.1% in Highland Park.