Avenel, NJ vs Morris Plains, NJ

There is a significant gap in the cost of living between these two cities. Avenel is 27.4% cheaper than Morris Plains. With a cost index of 124 vs 171, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Avenel to Morris Plains should plan for substantially higher expenses across most categories.

On the housing front, median rent in Avenel is $1,839/month compared to $2,686/month in Morris Plains — a 32% difference. Home values follow the same pattern: Avenel is more affordable at $351,200 median vs $609,700.

Median household income in Avenel is $95,935 compared to $149,623 in Morris Plains (-35.9%). While Morris Plains is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Avenel spend roughly 23% of their income on rent, more than the 21.5% in Morris Plains.