Belmar, NJ vs Franklinville, NJ

The cost of living difference between Belmar, NJ and Franklinville, NJ is dramatic. Franklinville is 62.9% cheaper than Belmar, a gap that translates to thousands of dollars per year in household expenses. Belmar has a cost index of 158 while Franklinville sits at 97, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Belmar is $1,832/month compared to $1,321/month in Franklinville — a 39% difference. Home values follow the same pattern: Franklinville is more affordable at $259,100 median vs $771,400.

Median household income in Belmar is $92,859 compared to $117,847 in Franklinville (-21.2%). Franklinville offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Belmar spend roughly 23.7% of their income on rent, more than the 13.5% in Franklinville.