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Oakland, NJ vs Westfield, NJ

130
Oakland
New Jersey
VS
-28.7%
183
Westfield
New Jersey

There is a significant gap in the cost of living between these two cities. Oakland is 28.7% cheaper than Westfield. With a cost index of 130 vs 183, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Oakland to Westfield should plan for substantially higher expenses across most categories.

On the housing front, median rent in Oakland is $1,462/month compared to $2,211/month in Westfield — a 34% difference. Home values follow the same pattern: Oakland is more affordable at $567,200 median vs $930,500.

Median household income in Oakland is $162,862 compared to $212,700 in Westfield (-23.4%). The higher salaries in Westfield partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Oakland spend roughly 10.8% of their income on rent, less than the 12.5% in Westfield.

Income & Cost

Cost of Living Index
Oakland
130
29% cheaper
Westfield
183
Median Household Income
Oakland
$162,862
Westfield
$212,700
23% higher

Housing

Median Rent
Oakland
$1,462
34% cheaper
Westfield
$2,211
Median Home Value
Oakland
$567,200
39% cheaper
Westfield
$930,500
Population
Oakland
12,700
Westfield
30,760

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Oakland $3.32
Westfield $3.32
US $3.07
🥚
Eggs (grade A, large)
Oakland $2.71
Westfield $2.71
US $2.50
🥛
Milk (whole)
Oakland $4.36
Westfield $4.36
US $4.03
🍞
Bread (white)
Oakland $2.00
Westfield $2.00
US $1.85
🍗
Chicken breast
Oakland $4.49
Westfield $4.49
US $4.14
Electricity
Oakland $0.24
Westfield $0.24
US $0.19