Bayonne, NJ vs Perth Amboy, NJ

Perth Amboy is moderately more affordable than Bayonne, with a 6.6% lower cost of living index. Bayonne scores 124 compared to 117 for Perth Amboy, where the US average is 100. This difference means residents of Bayonne can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Bayonne is $1,593/month compared to $1,629/month in Perth Amboy — a 2% difference. Interestingly, home values tell a different story: while Bayonne has cheaper rent, Perth Amboy actually has lower median home values ($339,200 vs $446,100).

Median household income in Bayonne is $81,285 compared to $58,490 in Perth Amboy (+39%). While Bayonne is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bayonne spend roughly 23.5% of their income on rent, less than the 33.4% in Perth Amboy. The Bayonne ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.