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Far Hills, NJ vs Great Meadows, NJ

150
Far Hills
New Jersey
VS
+43%
105
Great Meadows
New Jersey

The cost of living difference between Far Hills, NJ and Great Meadows, NJ is dramatic. Great Meadows is 43% cheaper than Far Hills, a gap that translates to thousands of dollars per year in household expenses. Far Hills has a cost index of 150 while Great Meadows sits at 105, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

When it comes to buying, median home values in Far Hills are $798,900 compared to $372,100 in Great Meadows, a 115% gap.

Median household income in Far Hills is $152,188 compared to $73,836 in Great Meadows (+106.1%). While Far Hills is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Income & Cost

Cost of Living Index
Far Hills
150
Great Meadows
105
30% cheaper
Median Household Income
Far Hills
$152,188
51% higher
Great Meadows
$73,836

Housing

Median Rent
Far Hills
$1,495
Great Meadows
Median Home Value
Far Hills
$798,900
Great Meadows
$372,100
53% cheaper
Population
Far Hills
1,004
Great Meadows
353

Salary Equivalency Calculator

What does your salary in one city buy you in the other?

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Far Hills $3.32
Great Meadows $3.01
US $3.07
🥚
Eggs (grade A, large)
Far Hills $2.71
Great Meadows $2.46
US $2.50
🥛
Milk (whole)
Far Hills $4.36
Great Meadows $3.96
US $4.03
🍞
Bread (white)
Far Hills $2.00
Great Meadows $1.82
US $1.85
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Chicken breast
Far Hills $4.49
Great Meadows $4.07
US $4.14
Electricity
Far Hills $0.24
Great Meadows $0.22
US $0.19