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Avenel, NJ vs Kearny, NJ

124
Avenel
New Jersey
VS
-0.7%
125
Kearny
New Jersey

Avenel, NJ and Kearny, NJ have a very similar cost of living, with only a 0.7% difference in their overall index. Avenel scores 124 while Kearny scores 125 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 $1,649/month in Kearny — a 12% difference. Interestingly, home values tell a different story: while Kearny has cheaper rent, Avenel actually has lower median home values ($351,200 vs $431,700).

Median household income in Avenel is $95,935 compared to $83,212 in Kearny (+15.3%). 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 23.8% in Kearny.

Income & Cost

Cost of Living Index
Avenel
124
1% cheaper
Kearny
125
Median Household Income
Avenel
$95,935
13% higher
Kearny
$83,212

Housing

Median Rent
Avenel
$1,839
Kearny
$1,649
10% cheaper
Median Home Value
Avenel
$351,200
19% cheaper
Kearny
$431,700
Population
Avenel
17,143
Kearny
40,570

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Avenel $3.32
Kearny $3.32
US $3.07
🥚
Eggs (grade A, large)
Avenel $2.71
Kearny $2.71
US $2.50
🥛
Milk (whole)
Avenel $4.36
Kearny $4.36
US $4.03
🍞
Bread (white)
Avenel $2.00
Kearny $2.00
US $1.85
🍗
Chicken breast
Avenel $4.49
Kearny $4.49
US $4.14
Electricity
Avenel $0.24
Kearny $0.24
US $0.19