Haledon, NJ vs Somerset, NJ

Haledon is moderately more affordable than Somerset, with a 12.6% lower cost of living index. Haledon scores 118 compared to 135 for Somerset, where the US average is 100. This difference means residents of Somerset can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Haledon is $1,651/month compared to $2,050/month in Somerset — a 20% difference. Home values follow the same pattern: Haledon is more affordable at $347,700 median vs $408,600.

Median household income in Haledon is $94,178 compared to $113,603 in Somerset (-17.1%). While Somerset is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Haledon spend roughly 21% of their income on rent, less than the 21.7% in Somerset.