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Closter, NJ vs Ocean Grove, NJ

187
Closter
New Jersey
VS
+34.7%
139
Ocean Grove
New Jersey

The cost of living difference between Closter, NJ and Ocean Grove, NJ is dramatic. Ocean Grove is 34.7% cheaper than Closter, a gap that translates to thousands of dollars per year in household expenses. Closter has a cost index of 187 while Ocean Grove sits at 139, 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 Closter is $2,651/month compared to $1,212/month in Ocean Grove — a 119% difference. Home values follow the same pattern: Ocean Grove is more affordable at $764,200 median vs $820,100.

Median household income in Closter is $187,500 compared to $74,410 in Ocean Grove (+152%). While Closter is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Closter spend roughly 17% of their income on rent, less than the 19.5% in Ocean Grove.

Income & Cost

Cost of Living Index
Closter
187
Ocean Grove
139
26% cheaper
Median Household Income
Closter
$187,500
60% higher
Ocean Grove
$74,410

Housing

Median Rent
Closter
$2,651
Ocean Grove
$1,212
54% cheaper
Median Home Value
Closter
$820,100
Ocean Grove
$764,200
7% cheaper
Population
Closter
8,544
Ocean Grove
2,916

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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