River Edge, NJ vs Westfield, NJ

There is a significant gap in the cost of living between these two cities. River Edge is 19.8% cheaper than Westfield. With a cost index of 147 vs 183, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from River Edge to Westfield should plan for substantially higher expenses across most categories.

On the housing front, median rent in River Edge is $1,811/month compared to $2,211/month in Westfield — a 18% difference. Home values follow the same pattern: River Edge is more affordable at $637,500 median vs $930,500.

Median household income in River Edge is $155,827 compared to $212,700 in Westfield (-26.7%). While Westfield 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, more than the 12.5% in Westfield.