Hasbrouck Heights, NJ vs Lambertville, NJ

Hasbrouck Heights, NJ and Lambertville, NJ have a very similar cost of living, with only a 0.7% difference in their overall index. Hasbrouck Heights scores 130 while Lambertville scores 129 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Hasbrouck Heights is $1,605/month compared to $1,507/month in Lambertville — a 7% difference. Interestingly, home values tell a different story: while Lambertville has cheaper rent, Hasbrouck Heights actually has lower median home values ($508,500 vs $534,100).

Median household income in Hasbrouck Heights is $118,670 compared to $106,236 in Lambertville (+11.7%). While Hasbrouck Heights is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hasbrouck Heights spend roughly 16.2% of their income on rent, less than the 17% in Lambertville.