Hackettstown, NJ vs Stanhope, NJ

Hackettstown is moderately more affordable than Stanhope, with a 12.7% lower cost of living index. Hackettstown scores 105 compared to 121 for Stanhope, where the US average is 100. This difference means residents of Stanhope 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 $1,796/month in Stanhope — a 21% difference. Interestingly, home values tell a different story: while Hackettstown has cheaper rent, Stanhope actually has lower median home values ($326,000 vs $337,100).

Median household income in Hackettstown is $91,250 compared to $134,583 in Stanhope (-32.2%). While Stanhope is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hackettstown spend roughly 18.7% of their income on rent, more than the 16% in Stanhope.