The College of New Jersey, NJ vs Upper Montclair, NJ

The cost of living difference between The College of New Jersey, NJ and Upper Montclair, NJ is dramatic. The College of New Jersey is 40.8% cheaper than Upper Montclair, a gap that translates to thousands of dollars per year in household expenses. The College of New Jersey has a cost index of 112 while Upper Montclair sits at 188, 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 The College of New Jersey has a median rent of $1,671/month while Upper Montclair comes in at $2,290/month, a 27% difference.

Median household income in The College of New Jersey is $8,493 compared to $250,001 in Upper Montclair (-96.6%). While Upper Montclair is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of The College of New Jersey spend roughly 236.1% of their income on rent, more than the 11% in Upper Montclair. The Upper Montclair ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.