Avenel, NJ vs Rutgers University-Busch Campus, NJ
Avenel, NJ and Rutgers University-Busch Campus, NJ have a very similar cost of living, with only a 1.6% difference in their overall index. Avenel scores 124 while Rutgers University-Busch Campus 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.
Renters will find that Avenel has a median rent of $1,839/month while Rutgers University-Busch Campus comes in at $2,031/month, a 10% difference.
Median household income in Avenel is $95,935 compared to $118,750 in Rutgers University-Busch Campus (-19.2%). While Rutgers University-Busch Campus 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 20.5% in Rutgers University-Busch Campus.
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