Garfield, NJ vs Martinsville, NJ
There is a significant gap in the cost of living between these two cities. Garfield is 23.1% cheaper than Martinsville. With a cost index of 126 vs 163, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Garfield to Martinsville should plan for substantially higher expenses across most categories.
On the housing front, median rent in Garfield is $1,612/month compared to $2,183/month in Martinsville — a 26% difference. Home values follow the same pattern: Garfield is more affordable at $454,300 median vs $702,700.
Median household income in Garfield is $75,701 compared to $206,839 in Martinsville (-63.4%). While Martinsville 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, more than the 12.7% in Martinsville.
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