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Gibbstown, NJ vs Silver Ridge, NJ

101
Gibbstown
New Jersey
VS
+4.5%
97
Silver Ridge
New Jersey

Gibbstown, NJ and Silver Ridge, NJ have a very similar cost of living, with only a 4.5% difference in their overall index. Gibbstown scores 101 while Silver Ridge scores 97 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.

When it comes to buying, median home values in Gibbstown are $228,800 compared to $213,100 in Silver Ridge, a 7% gap.

Median household income in Gibbstown is $90,371 compared to $35,056 in Silver Ridge (+157.8%). While Gibbstown is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Income & Cost

Cost of Living Index
Gibbstown
101
Silver Ridge
97
4% cheaper
Median Household Income
Gibbstown
$90,371
61% higher
Silver Ridge
$35,056

Housing

Median Rent
Gibbstown
$1,538
Silver Ridge
Median Home Value
Gibbstown
$228,800
Silver Ridge
$213,100
7% cheaper
Population
Gibbstown
3,494
Silver Ridge
1,176

Salary Equivalency Calculator

What does your salary in one city buy you in the other?

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Formula:

Everyday Prices

BLS Average Prices by metro area

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