Fairview, NJ vs Ledgewood, NJ

Fairview, NJ and Ledgewood, NJ have a very similar cost of living, with only a 4.5% difference in their overall index. Fairview scores 130 while Ledgewood scores 124 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 Fairview is $1,597/month compared to $1,570/month in Ledgewood — a 2% difference. Home values follow the same pattern: Ledgewood is more affordable at $454,100 median vs $512,100.

Median household income in Fairview is $64,152 compared to $125,000 in Ledgewood (-48.7%). Ledgewood offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Fairview spend roughly 29.9% of their income on rent, more than the 15.1% in Ledgewood.