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Bernardsville, NJ vs West Belmar, NJ

165
Bernardsville
New Jersey
VS
+27.1%
130
West Belmar
New Jersey

There is a significant gap in the cost of living between these two cities. West Belmar is 27.1% cheaper than Bernardsville. With a cost index of 130 vs 165, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from West Belmar to Bernardsville should plan for substantially higher expenses across most categories.

On the housing front, median rent in Bernardsville is $2,155/month compared to $1,661/month in West Belmar — a 30% difference. Home values follow the same pattern: West Belmar is more affordable at $490,000 median vs $737,600.

Median household income in Bernardsville is $231,006 compared to $113,083 in West Belmar (+104.3%). While Bernardsville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bernardsville spend roughly 11.2% of their income on rent, less than the 17.6% in West Belmar.

Income & Cost

Cost of Living Index
Bernardsville
165
West Belmar
130
21% cheaper
Median Household Income
Bernardsville
$231,006
51% higher
West Belmar
$113,083

Housing

Median Rent
Bernardsville
$2,155
West Belmar
$1,661
23% cheaper
Median Home Value
Bernardsville
$737,600
West Belmar
$490,000
34% cheaper
Population
Bernardsville
7,871
West Belmar
2,682

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Bernardsville $3.32
West Belmar $3.32
US $3.07
🥚
Eggs (grade A, large)
Bernardsville $2.71
West Belmar $2.71
US $2.50
🥛
Milk (whole)
Bernardsville $4.36
West Belmar $4.36
US $4.03
🍞
Bread (white)
Bernardsville $2.00
West Belmar $2.00
US $1.85
🍗
Chicken breast
Bernardsville $4.49
West Belmar $4.49
US $4.14
Electricity
Bernardsville $0.24
West Belmar $0.24
US $0.19