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Lincroft, NJ vs Palisades Park, NJ

124
Lincroft
New Jersey
VS
-21.1%
157
Palisades Park
New Jersey

There is a significant gap in the cost of living between these two cities. Lincroft is 21.1% cheaper than Palisades Park. With a cost index of 124 vs 157, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lincroft to Palisades Park should plan for substantially higher expenses across most categories.

On the housing front, median rent in Lincroft is $843/month compared to $1,976/month in Palisades Park — a 57% difference. Interestingly, home values tell a different story: while Lincroft has cheaper rent, Palisades Park actually has lower median home values ($704,400 vs $719,000).

Median household income in Lincroft is $168,945 compared to $101,295 in Palisades Park (+66.8%). Lincroft offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Lincroft spend roughly 6% of their income on rent, less than the 23.4% in Palisades Park.

Income & Cost

Cost of Living Index
Lincroft
124
21% cheaper
Palisades Park
157
Median Household Income
Lincroft
$168,945
40% higher
Palisades Park
$101,295

Housing

Median Rent
Lincroft
$843
57% cheaper
Palisades Park
$1,976
Median Home Value
Lincroft
$719,000
Palisades Park
$704,400
2% cheaper
Population
Lincroft
6,901
Palisades Park
20,192

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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