Fair Lawn, NJ vs River Edge, NJ

Fair Lawn, NJ and River Edge, NJ have a very similar cost of living, with only a 3.9% difference in their overall index. Fair Lawn scores 141 while River Edge scores 147 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 $1,811/month in River Edge — a 5% difference. Interestingly, home values tell a different story: while River Edge has cheaper rent, Fair Lawn actually has lower median home values ($532,700 vs $637,500).

Median household income in Fair Lawn is $147,952 compared to $155,827 in River Edge (-5.1%). While River Edge 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, more than the 13.9% in River Edge.