Beverly, NJ vs Wharton, NJ

The cost of living difference between Beverly, NJ and Wharton, NJ is dramatic. Beverly is 30.4% cheaper than Wharton, a gap that translates to thousands of dollars per year in household expenses. Beverly has a cost index of 87 while Wharton sits at 125, 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 $1,886/month in Wharton — a 38% difference. Home values follow the same pattern: Beverly is more affordable at $190,100 median vs $348,100.

Median household income in Beverly is $92,807 compared to $92,548 in Wharton (+0.3%). 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 24.5% in Wharton.