Glassboro, NJ vs Lakewood, NJ

There is a significant gap in the cost of living between these two cities. Glassboro is 24.4% cheaper than Lakewood. With a cost index of 106 vs 140, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Glassboro to Lakewood should plan for substantially higher expenses across most categories.

On the housing front, median rent in Glassboro is $1,561/month compared to $1,647/month in Lakewood — a 5% difference. Home values follow the same pattern: Glassboro is more affordable at $276,900 median vs $618,400.

Median household income in Glassboro is $80,388 compared to $57,576 in Lakewood (+39.6%). Glassboro offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Glassboro spend roughly 23.3% of their income on rent, less than the 34.3% in Lakewood. The Glassboro ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.