Ledgewood, NJ vs Phillipsburg, NJ

The cost of living difference between Ledgewood, NJ and Phillipsburg, NJ is dramatic. Phillipsburg is 49.1% cheaper than Ledgewood, a gap that translates to thousands of dollars per year in household expenses. Ledgewood has a cost index of 124 while Phillipsburg sits at 83, 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 $1,118/month in Phillipsburg — a 40% difference. Home values follow the same pattern: Phillipsburg is more affordable at $180,700 median vs $454,100.

Median household income in Ledgewood is $125,000 compared to $67,782 in Phillipsburg (+84.4%). While Ledgewood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Ledgewood spend roughly 15.1% of their income on rent, less than the 19.8% in Phillipsburg.