Fairview, NJ vs Lyons, NJ
There is a significant gap in the cost of living between these two cities. Fairview is 16.9% cheaper than Lyons. With a cost index of 130 vs 156, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Fairview to Lyons should plan for substantially higher expenses across most categories.
When it comes to buying, median home values in Fairview are $512,100 compared to $936,000 in Lyons, a 45% gap.
Median household income in Fairview is $64,152 compared to $243,958 in Lyons (-73.7%). While Lyons is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.
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