Medford Lakes, NJ vs Pennsville, NJ

The cost of living difference between Medford Lakes, NJ and Pennsville, NJ is dramatic. Pennsville is 48% cheaper than Medford Lakes, a gap that translates to thousands of dollars per year in household expenses. Medford Lakes has a cost index of 131 while Pennsville sits at 88, 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 Medford Lakes is $2,136/month compared to $1,225/month in Pennsville — a 74% difference. Home values follow the same pattern: Pennsville is more affordable at $188,100 median vs $368,200.

Median household income in Medford Lakes is $151,190 compared to $75,162 in Pennsville (+101.2%). While Medford Lakes is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Medford Lakes spend roughly 17% of their income on rent, less than the 19.6% in Pennsville.