Chatham, NJ vs Wildwood Crest, NJ

The cost of living difference between Chatham, NJ and Wildwood Crest, NJ is dramatic. Wildwood Crest is 73.6% cheaper than Chatham, a gap that translates to thousands of dollars per year in household expenses. Chatham has a cost index of 185 while Wildwood Crest sits at 107, 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 Chatham is $2,251/month compared to $950/month in Wildwood Crest — a 137% difference. Home values follow the same pattern: Wildwood Crest is more affordable at $526,600 median vs $944,300.

Median household income in Chatham is $250,001 compared to $82,143 in Wildwood Crest (+204.3%). While Chatham is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Chatham spend roughly 10.8% of their income on rent, less than the 13.9% in Wildwood Crest.