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Hackettstown, NJ vs Richwood, NJ

105
Hackettstown
New Jersey
VS
-13.9%
122
Richwood
New Jersey

Hackettstown is moderately more affordable than Richwood, with a 13.9% lower cost of living index. Hackettstown scores 105 compared to 122 for Richwood, where the US average is 100. This difference means residents of Richwood can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Hackettstown are $337,100 compared to $566,000 in Richwood, a 40% gap.

Median household income in Hackettstown is $91,250 compared to $206,685 in Richwood (-55.9%). While Richwood 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
Hackettstown
105
14% cheaper
Richwood
122
Median Household Income
Hackettstown
$91,250
Richwood
$206,685
56% higher

Housing

Median Rent
Hackettstown
$1,419
Richwood
Median Home Value
Hackettstown
$337,100
40% cheaper
Richwood
$566,000
Population
Hackettstown
10,143
Richwood
3,453

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Hackettstown $3.01
Richwood $3.01
US $3.07
🥚
Eggs (grade A, large)
Hackettstown $2.46
Richwood $2.46
US $2.50
🥛
Milk (whole)
Hackettstown $3.96
Richwood $3.95
US $4.03
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Bread (white)
Hackettstown $1.82
Richwood $1.82
US $1.85
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Chicken breast
Hackettstown $4.07
Richwood $4.07
US $4.14
Electricity
Hackettstown $0.22
Richwood $0.23
US $0.19