Asbury Park, NJ vs Union Beach, NJ
Asbury Park, NJ and Union Beach, NJ have a very similar cost of living, with only a 2.8% difference in their overall index. Asbury Park scores 132 while Union Beach scores 136 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.
On the housing front, median rent in Asbury Park is $1,679/month compared to $1,957/month in Union Beach — a 14% difference. Interestingly, home values tell a different story: while Asbury Park has cheaper rent, Union Beach actually has lower median home values ($452,900 vs $508,800).
Median household income in Asbury Park is $71,080 compared to $128,400 in Union Beach (-44.6%). While Union Beach 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 18.3% in Union Beach.
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