River Edge, NJ vs The College of New Jersey, NJ

The cost of living difference between River Edge, NJ and The College of New Jersey, NJ is dramatic. The College of New Jersey is 31.5% cheaper than River Edge, a gap that translates to thousands of dollars per year in household expenses. River Edge has a cost index of 147 while The College of New Jersey sits at 112, 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.

Renters will find that River Edge has a median rent of $1,811/month while The College of New Jersey comes in at $1,671/month, a 8% difference.

Median household income in River Edge is $155,827 compared to $8,493 in The College of New Jersey (+1734.8%). While River Edge is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of River Edge spend roughly 13.9% of their income on rent, less than the 236.1% in The College of New Jersey. The River Edge ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.