Home / Compare / Silver Lake CDP (Cumberland County) vs The College of New Jersey

Silver Lake CDP (Cumberland County), NJ vs The College of New Jersey, NJ

98
Silver Lake CDP (Cumberland County)
New Jersey
VS
-12.2%
112
The College of New Jersey
New Jersey

Silver Lake CDP (Cumberland County) is moderately more affordable than The College of New Jersey, with a 12.2% lower cost of living index. Silver Lake CDP (Cumberland County) scores 98 compared to 112 for The College of New Jersey, where the US average is 100. This difference means residents of The College of New Jersey can expect to pay noticeably more for everyday expenses, housing, and services.

Median household income in Silver Lake CDP (Cumberland County) is $88,217 compared to $8,493 in The College of New Jersey (+938.7%). Silver Lake CDP (Cumberland County) offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

Income & Cost

Cost of Living Index
Silver Lake CDP (Cumberland County)
98
12% cheaper
The College of New Jersey
112
Median Household Income
Silver Lake CDP (Cumberland County)
$88,217
90% higher
The College of New Jersey
$8,493

Housing

Median Rent
Silver Lake CDP (Cumberland County)
The College of New Jersey
$1,671
Median Home Value
Silver Lake CDP (Cumberland County)
$304,800
The College of New Jersey
Population
Silver Lake CDP (Cumberland County)
1,447
The College of New Jersey
4,103

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Silver Lake CDP (Cumberland County) $3.00
The College of New Jersey $3.00
US $3.07
🥚
Eggs (grade A, large)
Silver Lake CDP (Cumberland County) $2.44
The College of New Jersey $2.44
US $2.50
🥛
Milk (whole)
Silver Lake CDP (Cumberland County) $3.94
The College of New Jersey $3.94
US $4.03
🍞
Bread (white)
Silver Lake CDP (Cumberland County) $1.81
The College of New Jersey $1.81
US $1.85
🍗
Chicken breast
Silver Lake CDP (Cumberland County) $4.05
The College of New Jersey $4.05
US $4.14
Electricity
Silver Lake CDP (Cumberland County) $0.20
The College of New Jersey $0.21
US $0.19