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Freehold, NJ vs Rahway, NJ

128
Freehold
New Jersey
VS
+4%
123
Rahway
New Jersey

Freehold, NJ and Rahway, NJ have a very similar cost of living, with only a 4% difference in their overall index. Freehold scores 128 while Rahway scores 123 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Freehold is $1,818/month compared to $1,764/month in Rahway — a 3% difference. Home values follow the same pattern: Rahway is more affordable at $362,300 median vs $401,900.

Median household income in Freehold is $82,183 compared to $90,852 in Rahway (-9.5%). Rahway offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Freehold spend roughly 26.5% of their income on rent, more than the 23.3% in Rahway.

Income & Cost

Cost of Living Index
Freehold
128
Rahway
123
4% cheaper
Median Household Income
Freehold
$82,183
Rahway
$90,852
10% higher

Housing

Median Rent
Freehold
$1,818
Rahway
$1,764
3% cheaper
Median Home Value
Freehold
$401,900
Rahway
$362,300
10% cheaper
Population
Freehold
12,504
Rahway
29,748

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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