Avenel, NJ vs Garfield, NJ
Avenel, NJ and Garfield, NJ have a very similar cost of living, with only a 1.3% difference in their overall index. Avenel scores 124 while Garfield 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.
On the housing front, median rent in Avenel is $1,839/month compared to $1,612/month in Garfield — a 14% difference. Interestingly, home values tell a different story: while Garfield has cheaper rent, Avenel actually has lower median home values ($351,200 vs $454,300).
Median household income in Avenel is $95,935 compared to $75,701 in Garfield (+26.7%). Avenel offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Avenel spend roughly 23% of their income on rent, less than the 25.6% in Garfield.
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