Garfield, NJ vs Little Ferry, NJ

Garfield, NJ and Little Ferry, NJ have a very similar cost of living, with only a 0.2% difference in their overall index. Garfield scores 126 while Little Ferry scores 126 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 $1,798/month in Little Ferry — a 10% difference. Interestingly, home values tell a different story: while Garfield has cheaper rent, Little Ferry actually has lower median home values ($388,500 vs $454,300).

Median household income in Garfield is $75,701 compared to $79,476 in Little Ferry (-4.7%). While Little Ferry is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Garfield spend roughly 25.6% of their income on rent, less than the 27.1% in Little Ferry.