Lyons, NJ vs Princeton Junction, NJ
There is a significant gap in the cost of living between these two cities. Princeton Junction is 19.5% cheaper than Lyons. With a cost index of 131 vs 156, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Princeton Junction to Lyons should plan for substantially higher expenses across most categories.
When it comes to buying, median home values in Lyons are $936,000 compared to $669,100 in Princeton Junction, a 40% gap.
Median household income in Lyons is $243,958 compared to $219,375 in Princeton Junction (+11.2%). The higher salaries in Lyons partially offset the cost difference, but don't fully close the gap.
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