Cost of Living: Fair Lawn borough, NJ vs New York, NY

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,144/mo in Fair Lawn borough, NJ versus $4,116/mo in New York, NY. In the model, rent is about 27.81% of gross in Fair Lawn borough, NJ versus 25.92% in New York, NY, so New York, NY tends to feel more affordable for rent.

Take-home in Fair Lawn borough, NJ
$4,144/mo
Income level: below
Take-home in New York, NY
$4,116/mo
Income level: below
Rent share (1BR) in Fair Lawn borough, NJ
27.81%
COLI tier: mid-range
Rent share (1BR) in New York, NY
25.92%
COLI tier: very high-cost

Compare cost of living, rent, housing prices, and salary affordability between Fair Lawn borough, NJ and New York, NY.

At a glance

  • Cheaper overall (lower cost-of-living index): Fair Lawn borough, NJ
  • Lower rent (median 1BR/2BR): New York, NY
  • Lower home prices: Fair Lawn borough, NJ
  • Higher median household income: Fair Lawn borough, NJ

Cost of Living Index

Fair Lawn borough, NJ: 100 (U.S. = 100) · New York, NY: 168.2 (U.S. = 100)

Fair Lawn borough, NJ has a lower cost-of-living index than New York, NY, so a given salary generally stretches further there.

Median Rent

Fair Lawn borough, NJ: $1,813/mo (midpoint of 1BR/2BR) · New York, NY: $1,690/mo

Median rent in Fair Lawn borough, NJ is $123/mo higher than in New York, NY.

Median Home Price

Fair Lawn borough, NJ: $532,700 · New York, NY: $751,700

Median home price in New York, NY is $219,000 higher than in Fair Lawn borough, NJ.

Median Household Income

Fair Lawn borough, NJ: $147,952 · New York, NY: $79,713

Fair Lawn borough, NJ has a higher median household income than New York, NY by $68,239.

Fair Lawn borough, NJ overview · New York, NY overview · Popular comparisons