Asbury Park, NJ vs Somerdale, NJ

The cost of living difference between Asbury Park, NJ and Somerdale, NJ is dramatic. Somerdale is 49.1% cheaper than Asbury Park, a gap that translates to thousands of dollars per year in household expenses. Asbury Park has a cost index of 132 while Somerdale sits at 89, 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 $1,141/month in Somerdale — a 47% difference. Home values follow the same pattern: Somerdale is more affordable at $221,600 median vs $508,800.

Median household income in Asbury Park is $71,080 compared to $79,101 in Somerdale (-10.1%). Somerdale 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 17.3% in Somerdale.