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Florence, NJ vs Kenvil, NJ

96
Florence
New Jersey
VS
-26.3%
130
Kenvil
New Jersey

There is a significant gap in the cost of living between these two cities. Florence is 26.3% cheaper than Kenvil. With a cost index of 96 vs 130, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Florence to Kenvil should plan for substantially higher expenses across most categories.

On the housing front, median rent in Florence is $1,247/month compared to $2,068/month in Kenvil — a 40% difference. Home values follow the same pattern: Florence is more affordable at $270,100 median vs $338,800.

Median household income in Florence is $99,020 compared to $81,250 in Kenvil (+21.9%). Florence offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Florence spend roughly 15.1% of their income on rent, less than the 30.5% in Kenvil. The Florence ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.

Income & Cost

Cost of Living Index
Florence
96
26% cheaper
Kenvil
130
Median Household Income
Florence
$99,020
18% higher
Kenvil
$81,250

Housing

Median Rent
Florence
$1,247
40% cheaper
Kenvil
$2,068
Median Home Value
Florence
$270,100
20% cheaper
Kenvil
$338,800
Population
Florence
5,027
Kenvil
1,719

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Florence $3.01
Kenvil $3.32
US $3.07
🥚
Eggs (grade A, large)
Florence $2.46
Kenvil $2.71
US $2.50
🥛
Milk (whole)
Florence $3.95
Kenvil $4.36
US $4.03
🍞
Bread (white)
Florence $1.82
Kenvil $2.00
US $1.85
🍗
Chicken breast
Florence $4.07
Kenvil $4.49
US $4.14
Electricity
Florence $0.23
Kenvil $0.24
US $0.19