Lambertville, NJ vs River Edge, NJ

Lambertville is moderately more affordable than River Edge, with a 12.1% lower cost of living index. Lambertville scores 129 compared to 147 for River Edge, where the US average is 100. This difference means residents of River Edge can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Lambertville is $1,507/month compared to $1,811/month in River Edge — a 17% difference. Home values follow the same pattern: Lambertville is more affordable at $534,100 median vs $637,500.

Median household income in Lambertville is $106,236 compared to $155,827 in River Edge (-31.8%). While River Edge is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lambertville spend roughly 17% of their income on rent, more than the 13.9% in River Edge.