Haddonfield, NJ vs Medford Lakes, NJ
Medford Lakes is moderately more affordable than Haddonfield, with a 13.2% lower cost of living index. Haddonfield scores 148 compared to 131 for Medford Lakes, where the US average is 100. This difference means residents of Haddonfield can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Haddonfield is $1,783/month compared to $2,136/month in Medford Lakes — a 17% difference. Interestingly, home values tell a different story: while Haddonfield has cheaper rent, Medford Lakes actually has lower median home values ($368,200 vs $708,800).
Median household income in Haddonfield is $190,882 compared to $151,190 in Medford Lakes (+26.3%). While Haddonfield is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Haddonfield spend roughly 11.2% of their income on rent, less than the 17% in Medford Lakes.
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