Asbury Park, NJ vs Wildwood, NJ

There is a significant gap in the cost of living between these two cities. Wildwood is 29.1% cheaper than Asbury Park. With a cost index of 102 vs 132, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Wildwood to Asbury Park should plan for substantially higher expenses across most categories.

On the housing front, median rent in Asbury Park is $1,679/month compared to $1,255/month in Wildwood — a 34% difference. Home values follow the same pattern: Wildwood is more affordable at $361,200 median vs $508,800.

Median household income in Asbury Park is $71,080 compared to $51,996 in Wildwood (+36.7%). While Asbury Park 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, less than the 29% in Wildwood.