Asbury Park, NJ vs Mount Arlington, NJ
Asbury Park is moderately more affordable than Mount Arlington, with a 6.8% lower cost of living index. Asbury Park scores 132 compared to 142 for Mount Arlington, where the US average is 100. This difference means residents of Mount Arlington 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 $2,309/month in Mount Arlington — a 27% difference. Interestingly, home values tell a different story: while Asbury Park has cheaper rent, Mount Arlington actually has lower median home values ($393,400 vs $508,800).
Median household income in Asbury Park is $71,080 compared to $99,511 in Mount Arlington (-28.6%). While Mount Arlington 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 27.8% in Mount Arlington.
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