Asbury Park, NJ vs Ledgewood, NJ

Ledgewood is moderately more affordable than Asbury Park, with a 6.3% lower cost of living index. Asbury Park scores 132 compared to 124 for Ledgewood, where the US average is 100. This difference means residents of Asbury Park 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 $1,570/month in Ledgewood — a 7% difference. Home values follow the same pattern: Ledgewood is more affordable at $454,100 median vs $508,800.

Median household income in Asbury Park is $71,080 compared to $125,000 in Ledgewood (-43.1%). Ledgewood offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Asbury Park spend roughly 28.3% of their income on rent, more than the 15.1% in Ledgewood.