Beverly, NJ vs Rumson, NJ

The cost of living difference between Beverly, NJ and Rumson, NJ is dramatic. Beverly is 64.1% cheaper than Rumson, a gap that translates to thousands of dollars per year in household expenses. Beverly has a cost index of 87 while Rumson sits at 243, 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 Beverly is $1,179/month compared to $2,351/month in Rumson — a 50% difference. Home values follow the same pattern: Beverly is more affordable at $190,100 median vs $1,609,400.

Median household income in Beverly is $92,807 compared to $250,001 in Rumson (-62.9%). The higher salaries in Rumson partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Beverly spend roughly 15.2% of their income on rent, more than the 11.3% in Rumson.