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Oradell, NJ vs Summit, NJ

164
Oradell
New Jersey
VS
-13.3%
189
Summit
New Jersey

Oradell is moderately more affordable than Summit, with a 13.3% lower cost of living index. Oradell scores 164 compared to 189 for Summit, where the US average is 100. This difference means residents of Summit can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Oradell is $2,202/month compared to $2,308/month in Summit — a 5% difference. Home values follow the same pattern: Oradell is more affordable at $702,400 median vs $969,900.

Median household income in Oradell is $214,736 compared to $199,107 in Summit (+7.8%). Oradell offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Oradell spend roughly 12.3% of their income on rent, less than the 13.9% in Summit.

Income & Cost

Cost of Living Index
Oradell
164
13% cheaper
Summit
189
Median Household Income
Oradell
$214,736
7% higher
Summit
$199,107

Housing

Median Rent
Oradell
$2,202
5% cheaper
Summit
$2,308
Median Home Value
Oradell
$702,400
28% cheaper
Summit
$969,900
Population
Oradell
8,197
Summit
22,512

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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