Garfield, NJ vs Hamilton Square, NJ

Garfield, NJ and Hamilton Square, NJ have a very similar cost of living, with only a 3% difference in their overall index. Garfield scores 126 while Hamilton Square scores 122 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 Garfield is $1,612/month compared to $1,817/month in Hamilton Square — a 11% difference. Interestingly, home values tell a different story: while Garfield has cheaper rent, Hamilton Square actually has lower median home values ($376,900 vs $454,300).

Median household income in Garfield is $75,701 compared to $135,694 in Hamilton Square (-44.2%). Hamilton Square offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Garfield spend roughly 25.6% of their income on rent, more than the 16.1% in Hamilton Square.