Northfield, NJ vs Summit, NJ

The cost of living difference between Northfield, NJ and Summit, NJ is dramatic. Northfield is 44.8% cheaper than Summit, a gap that translates to thousands of dollars per year in household expenses. Northfield has a cost index of 104 while Summit sits at 189, 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 Northfield is $1,554/month compared to $2,308/month in Summit — a 33% difference. Home values follow the same pattern: Northfield is more affordable at $275,900 median vs $969,900.

Median household income in Northfield is $104,042 compared to $199,107 in Summit (-47.7%). While Summit is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Northfield spend roughly 17.9% of their income on rent, more than the 13.9% in Summit.