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Ledgewood, NJ vs Liberty Corner, NJ

124
Ledgewood
New Jersey
VS
-44.7%
225
Liberty Corner
New Jersey

The cost of living difference between Ledgewood, NJ and Liberty Corner, NJ is dramatic. Ledgewood is 44.7% cheaper than Liberty Corner, a gap that translates to thousands of dollars per year in household expenses. Ledgewood has a cost index of 124 while Liberty Corner sits at 225, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Ledgewood is $1,570/month compared to $3,501/month in Liberty Corner — a 55% difference. Home values follow the same pattern: Ledgewood is more affordable at $454,100 median vs $964,800.

Median household income in Ledgewood is $125,000 compared to $213,094 in Liberty Corner (-41.3%). The higher salaries in Liberty Corner partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Ledgewood spend roughly 15.1% of their income on rent, less than the 19.7% in Liberty Corner.

Income & Cost

Cost of Living Index
Ledgewood
124
45% cheaper
Liberty Corner
225
Median Household Income
Ledgewood
$125,000
Liberty Corner
$213,094
41% higher

Housing

Median Rent
Ledgewood
$1,570
55% cheaper
Liberty Corner
$3,501
Median Home Value
Ledgewood
$454,100
53% cheaper
Liberty Corner
$964,800
Population
Ledgewood
5,150
Liberty Corner
1,789

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Ledgewood $3.32
Liberty Corner $3.32
US $3.07
🥚
Eggs (grade A, large)
Ledgewood $2.71
Liberty Corner $2.71
US $2.50
🥛
Milk (whole)
Ledgewood $4.36
Liberty Corner $4.36
US $4.03
🍞
Bread (white)
Ledgewood $2.00
Liberty Corner $2.00
US $1.85
🍗
Chicken breast
Ledgewood $4.49
Liberty Corner $4.49
US $4.14
Electricity
Ledgewood $0.24
Liberty Corner $0.24
US $0.19