Oak Valley, NJ vs Upper Montclair, NJ

The cost of living difference between Oak Valley, NJ and Upper Montclair, NJ is dramatic. Oak Valley is 49.9% cheaper than Upper Montclair, a gap that translates to thousands of dollars per year in household expenses. Oak Valley has a cost index of 94 while Upper Montclair sits at 188, 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.

When it comes to buying, median home values in Oak Valley are $226,000 compared to $968,200 in Upper Montclair, a 77% gap.

Median household income in Oak Valley is $90,563 compared to $250,001 in Upper Montclair (-63.8%). While Upper Montclair is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.