Paterson is 56% cheaper than Cambridge.
When comparing Paterson, NJ and Cambridge, MA, the overall cost of living indices are 106 and 239 respectively (national median = 100). Rent is $1,285/month cheaper in Paterson, saving renters about $15,420/year.
Median household income is $72,703/year higher in Cambridge. Home values also differ significantly — the median in Paterson is $335,400 compared to $1,040,500 in Cambridge.
Massachusetts has a lower income tax rate, making Cambridge slightly more tax-friendly.
Paterson vs Cambridge — common questions
Other cost of living comparisons for Paterson and Cambridge