Jersey City is 38% cheaper than Cambridge.
When comparing Jersey City, NJ and Cambridge, MA, the overall cost of living indices are 148 and 239 respectively (national median = 100). Rent is $840/month cheaper in Jersey City, saving renters about $10,080/year.
Median household income is $31,656/year higher in Cambridge. Home values also differ significantly — the median in Jersey City is $534,500 compared to $1,040,500 in Cambridge.
Massachusetts has a lower income tax rate, making Cambridge slightly more tax-friendly.
Jersey City vs Cambridge — common questions
Other cost of living comparisons for Jersey City and Cambridge