Barrington, NJ vs Pine Beach, NJ
There is a significant gap in the cost of living between these two cities. Barrington is 15.7% cheaper than Pine Beach. With a cost index of 95 vs 112, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Barrington to Pine Beach should plan for substantially higher expenses across most categories.
On the housing front, median rent in Barrington is $1,282/month compared to $1,219/month in Pine Beach — a 5% difference. Interestingly, home values tell a different story: while Pine Beach has cheaper rent, Barrington actually has lower median home values ($244,400 vs $438,300).
Median household income in Barrington is $84,334 compared to $121,333 in Pine Beach (-30.5%). While Pine Beach is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Barrington spend roughly 18.2% of their income on rent, more than the 12.1% in Pine Beach.
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