Beverly, NJ vs Keyport, NJ
There is a significant gap in the cost of living between these two cities. Beverly is 22.2% cheaper than Keyport. With a cost index of 87 vs 112, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Beverly to Keyport should plan for substantially higher expenses across most categories.
On the housing front, median rent in Beverly is $1,179/month compared to $1,379/month in Keyport — a 15% difference. Home values follow the same pattern: Beverly is more affordable at $190,100 median vs $374,800.
Median household income in Beverly is $92,807 compared to $79,036 in Keyport (+17.4%). Beverly offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Beverly spend roughly 15.2% of their income on rent, less than the 20.9% in Keyport.
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