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Mizpah, NJ vs Mountain Lake, NJ

94
Mizpah
New Jersey
VS
-18.6%
116
Mountain Lake
New Jersey

There is a significant gap in the cost of living between these two cities. Mizpah is 18.6% cheaper than Mountain Lake. With a cost index of 94 vs 116, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Mizpah to Mountain Lake should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Mizpah are $241,700 compared to $329,900 in Mountain Lake, a 27% gap.

Median household income in Mizpah is $76,094 compared to $99,063 in Mountain Lake (-23.2%). While Mountain Lake is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Income & Cost

Cost of Living Index
Mizpah
94
19% cheaper
Mountain Lake
116
Median Household Income
Mizpah
$76,094
Mountain Lake
$99,063
23% higher

Housing

Median Rent
Mizpah
Mountain Lake
$1,795
Median Home Value
Mizpah
$241,700
27% cheaper
Mountain Lake
$329,900
Population
Mizpah
207
Mountain Lake
566

Salary Equivalency Calculator

What does your salary in one city buy you in the other?

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Mizpah $3.00
Mountain Lake $3.01
US $3.07
🥚
Eggs (grade A, large)
Mizpah $2.44
Mountain Lake $2.46
US $2.50
🥛
Milk (whole)
Mizpah $3.94
Mountain Lake $3.96
US $4.03
🍞
Bread (white)
Mizpah $1.81
Mountain Lake $1.82
US $1.85
🍗
Chicken breast
Mizpah $4.05
Mountain Lake $4.07
US $4.14
Electricity
Mizpah $0.21
Mountain Lake $0.22
US $0.19