Asbury Park, NJ vs Englewood Cliffs, NJ

The cost of living difference between Asbury Park, NJ and Englewood Cliffs, NJ is dramatic. Asbury Park is 46.5% cheaper than Englewood Cliffs, a gap that translates to thousands of dollars per year in household expenses. Asbury Park has a cost index of 132 while Englewood Cliffs sits at 247, 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.

On the housing front, median rent in Asbury Park is $1,679/month compared to $3,501/month in Englewood Cliffs — a 52% difference. Home values follow the same pattern: Asbury Park is more affordable at $508,800 median vs $1,232,700.

Median household income in Asbury Park is $71,080 compared to $222,192 in Englewood Cliffs (-68%). While Englewood Cliffs 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 18.9% in Englewood Cliffs.