Oaklyn, NJ vs Westwood, NJ

The cost of living difference between Oaklyn, NJ and Westwood, NJ is dramatic. Oaklyn is 42.6% cheaper than Westwood, a gap that translates to thousands of dollars per year in household expenses. Oaklyn has a cost index of 91 while Westwood sits at 159, 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 Oaklyn is $1,166/month compared to $2,351/month in Westwood — a 50% difference. Home values follow the same pattern: Oaklyn is more affordable at $245,000 median vs $587,700.

Median household income in Oaklyn is $81,514 compared to $169,026 in Westwood (-51.8%). While Westwood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Oaklyn spend roughly 17.2% of their income on rent, more than the 16.7% in Westwood.