Lambertville, NJ vs Wallington, NJ

Lambertville, NJ and Wallington, NJ have a very similar cost of living, with only a 1.1% difference in their overall index. Lambertville scores 129 while Wallington scores 127 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 Lambertville is $1,507/month compared to $1,568/month in Wallington — a 4% difference. Interestingly, home values tell a different story: while Lambertville has cheaper rent, Wallington actually has lower median home values ($493,700 vs $534,100).

Median household income in Lambertville is $106,236 compared to $82,422 in Wallington (+28.9%). While Lambertville 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, less than the 22.8% in Wallington.