Beach Haven, NJ vs Monmouth Beach, NJ

Monmouth Beach is moderately more affordable than Beach Haven, with a 8.4% lower cost of living index. Beach Haven scores 196 compared to 180 for Monmouth Beach, where the US average is 100. This difference means residents of Beach Haven can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Beach Haven is $1,859/month compared to $2,169/month in Monmouth Beach — a 14% difference. Interestingly, home values tell a different story: while Beach Haven has cheaper rent, Monmouth Beach actually has lower median home values ($918,100 vs $1,217,600).

Median household income in Beach Haven is $114,868 compared to $140,074 in Monmouth Beach (-18%). Monmouth Beach offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Beach Haven spend roughly 19.4% of their income on rent, more than the 18.6% in Monmouth Beach.