Gloucester City, NJ vs Oaklyn, NJ

Gloucester City, NJ and Oaklyn, NJ have a very similar cost of living, with only a 4.9% difference in their overall index. Gloucester City scores 96 while Oaklyn scores 91 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 Gloucester City is $1,489/month compared to $1,166/month in Oaklyn — a 28% difference. Interestingly, home values tell a different story: while Oaklyn has cheaper rent, Gloucester City actually has lower median home values ($180,100 vs $245,000).

Median household income in Gloucester City is $70,942 compared to $81,514 in Oaklyn (-13%). Oaklyn offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Gloucester City spend roughly 25.2% of their income on rent, more than the 17.2% in Oaklyn.