Merchantville, NJ vs Pompton Lakes, NJ

There is a significant gap in the cost of living between these two cities. Merchantville is 26% cheaper than Pompton Lakes. With a cost index of 95 vs 128, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Merchantville to Pompton Lakes should plan for substantially higher expenses across most categories.

On the housing front, median rent in Merchantville is $1,097/month compared to $1,822/month in Pompton Lakes — a 40% difference. Home values follow the same pattern: Merchantville is more affordable at $316,300 median vs $411,100.

Median household income in Merchantville is $91,607 compared to $119,038 in Pompton Lakes (-23%). The higher salaries in Pompton Lakes partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Merchantville spend roughly 14.4% of their income on rent, less than the 18.4% in Pompton Lakes.