Old Tappan, NJ vs Princeton Meadows, NJ

The cost of living difference between Old Tappan, NJ and Princeton Meadows, NJ is dramatic. Princeton Meadows is 41.3% cheaper than Old Tappan, a gap that translates to thousands of dollars per year in household expenses. Old Tappan has a cost index of 212 while Princeton Meadows sits at 150, 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 Old Tappan is $3,241/month compared to $1,937/month in Princeton Meadows — a 67% difference. Home values follow the same pattern: Princeton Meadows is more affordable at $636,300 median vs $910,600.

Median household income in Old Tappan is $199,250 compared to $124,065 in Princeton Meadows (+60.6%). While Old Tappan is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Old Tappan spend roughly 19.5% of their income on rent, more than the 18.7% in Princeton Meadows.