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Garfield, NJ vs River Edge, NJ

126
Garfield
New Jersey
VS
-14.4%
147
River Edge
New Jersey

Garfield is moderately more affordable than River Edge, with a 14.4% lower cost of living index. Garfield scores 126 compared to 147 for River Edge, where the US average is 100. This difference means residents of River Edge can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Garfield is $1,612/month compared to $1,811/month in River Edge — a 11% difference. Home values follow the same pattern: Garfield is more affordable at $454,300 median vs $637,500.

Median household income in Garfield is $75,701 compared to $155,827 in River Edge (-51.4%). While River Edge 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 13.9% in River Edge.

Income & Cost

Cost of Living Index
Garfield
126
14% cheaper
River Edge
147
Median Household Income
Garfield
$75,701
River Edge
$155,827
51% higher

Housing

Median Rent
Garfield
$1,612
11% cheaper
River Edge
$1,811
Median Home Value
Garfield
$454,300
29% cheaper
River Edge
$637,500
Population
Garfield
32,502
River Edge
12,024

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Garfield $3.32
River Edge $3.32
US $3.07
🥚
Eggs (grade A, large)
Garfield $2.71
River Edge $2.71
US $2.50
🥛
Milk (whole)
Garfield $4.36
River Edge $4.36
US $4.03
🍞
Bread (white)
Garfield $2.00
River Edge $2.00
US $1.85
🍗
Chicken breast
Garfield $4.49
River Edge $4.49
US $4.14
Electricity
Garfield $0.24
River Edge $0.24
US $0.19