Lodi, NJ vs Matawan, NJ

Lodi, NJ and Matawan, NJ have a very similar cost of living, with only a 0.8% difference in their overall index. Lodi scores 127 while Matawan scores 128 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 Lodi is $1,675/month compared to $1,714/month in Matawan — a 2% difference. Interestingly, home values tell a different story: while Lodi has cheaper rent, Matawan actually has lower median home values ($447,000 vs $449,200).

Median household income in Lodi is $84,570 compared to $122,026 in Matawan (-30.7%). While Matawan is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Lodi spend roughly 23.8% of their income on rent, more than the 16.9% in Matawan.