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Florence, NJ vs Middlesex, NJ

96
Florence
New Jersey
VS
-19.3%
119
Middlesex
New Jersey

There is a significant gap in the cost of living between these two cities. Florence is 19.3% cheaper than Middlesex. With a cost index of 96 vs 119, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Florence to Middlesex should plan for substantially higher expenses across most categories.

On the housing front, median rent in Florence is $1,247/month compared to $1,493/month in Middlesex — a 17% difference. Home values follow the same pattern: Florence is more affordable at $270,100 median vs $414,600.

Median household income in Florence is $99,020 compared to $107,063 in Middlesex (-7.5%). Middlesex does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Florence spend roughly 15.1% of their income on rent, less than the 16.7% in Middlesex.

Income & Cost

Cost of Living Index
Florence
96
19% cheaper
Middlesex
119
Median Household Income
Florence
$99,020
Middlesex
$107,063
8% higher

Housing

Median Rent
Florence
$1,247
16% cheaper
Middlesex
$1,493
Median Home Value
Florence
$270,100
35% cheaper
Middlesex
$414,600
Population
Florence
5,027
Middlesex
14,518

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Florence $3.01
Middlesex $3.32
US $3.07
🥚
Eggs (grade A, large)
Florence $2.46
Middlesex $2.71
US $2.50
🥛
Milk (whole)
Florence $3.95
Middlesex $4.36
US $4.03
🍞
Bread (white)
Florence $1.82
Middlesex $2.00
US $1.85
🍗
Chicken breast
Florence $4.07
Middlesex $4.49
US $4.14
Electricity
Florence $0.23
Middlesex $0.24
US $0.19