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Hackettstown, NJ vs Rahway, NJ

105
Hackettstown
New Jersey
VS
-14.1%
123
Rahway
New Jersey

Hackettstown is moderately more affordable than Rahway, with a 14.1% lower cost of living index. Hackettstown scores 105 compared to 123 for Rahway, where the US average is 100. This difference means residents of Rahway can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Hackettstown is $1,419/month compared to $1,764/month in Rahway — a 20% difference. Home values follow the same pattern: Hackettstown is more affordable at $337,100 median vs $362,300.

Median household income in Hackettstown is $91,250 compared to $90,852 in Rahway (+0.4%). Hackettstown offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Hackettstown spend roughly 18.7% of their income on rent, less than the 23.3% in Rahway.

Income & Cost

Cost of Living Index
Hackettstown
105
14% cheaper
Rahway
123
Median Household Income
Hackettstown
$91,250
Rahway
$90,852

Housing

Median Rent
Hackettstown
$1,419
20% cheaper
Rahway
$1,764
Median Home Value
Hackettstown
$337,100
7% cheaper
Rahway
$362,300
Population
Hackettstown
10,143
Rahway
29,748

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Hackettstown $3.01
Rahway $3.32
US $3.07
🥚
Eggs (grade A, large)
Hackettstown $2.46
Rahway $2.71
US $2.50
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Milk (whole)
Hackettstown $3.96
Rahway $4.36
US $4.03
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Bread (white)
Hackettstown $1.82
Rahway $2.00
US $1.85
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Chicken breast
Hackettstown $4.07
Rahway $4.49
US $4.14
Electricity
Hackettstown $0.22
Rahway $0.24
US $0.19