Harrison, NJ vs Strathmore, NJ

Strathmore is moderately more affordable than Harrison, with a 10.4% lower cost of living index. Harrison scores 139 compared to 126 for Strathmore, where the US average is 100. This difference means residents of Harrison can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Harrison is $2,073/month compared to $1,497/month in Strathmore — a 39% difference. Interestingly, home values tell a different story: while Strathmore has cheaper rent, Harrison actually has lower median home values ($450,800 vs $503,600).

Median household income in Harrison is $82,290 compared to $155,048 in Strathmore (-46.9%). Strathmore offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Harrison spend roughly 30.2% of their income on rent, more than the 11.6% in Strathmore. The Strathmore ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.