Asbury Park, NJ vs East Freehold, NJ
Asbury Park is moderately more affordable than East Freehold, with a 9.7% lower cost of living index. Asbury Park scores 132 compared to 146 for East Freehold, where the US average is 100. This difference means residents of East Freehold can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Asbury Park is $1,679/month compared to $1,828/month in East Freehold — a 8% difference. Home values follow the same pattern: Asbury Park is more affordable at $508,800 median vs $626,800.
Median household income in Asbury Park is $71,080 compared to $195,804 in East Freehold (-63.7%). While East Freehold is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Asbury Park spend roughly 28.3% of their income on rent, more than the 11.2% in East Freehold.
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