Fair Lawn, NJ vs Princeton Meadows, NJ
Fair Lawn is moderately more affordable than Princeton Meadows, with a 6.2% lower cost of living index. Fair Lawn scores 141 compared to 150 for Princeton Meadows, where the US average is 100. This difference means residents of Princeton Meadows can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Fair Lawn is $1,908/month compared to $1,937/month in Princeton Meadows — a 2% difference. Home values follow the same pattern: Fair Lawn is more affordable at $532,700 median vs $636,300.
Median household income in Fair Lawn is $147,952 compared to $124,065 in Princeton Meadows (+19.3%). Fair Lawn offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Fair Lawn spend roughly 15.5% of their income on rent, less than the 18.7% in Princeton Meadows.
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