Asbury Park, NJ vs Rutgers University-Busch Campus, NJ

Asbury Park, NJ and Rutgers University-Busch Campus, NJ have a very similar cost of living, with only a 4.8% difference in their overall index. Asbury Park scores 132 while Rutgers University-Busch Campus scores 126 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

Renters will find that Asbury Park has a median rent of $1,679/month while Rutgers University-Busch Campus comes in at $2,031/month, a 17% difference.

Median household income in Asbury Park is $71,080 compared to $118,750 in Rutgers University-Busch Campus (-40.1%). Rutgers University-Busch Campus 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 20.5% in Rutgers University-Busch Campus.