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Freehold, NJ vs Wanamassa, NJ

128
Freehold
New Jersey
VS
-7.8%
138
Wanamassa
New Jersey

Freehold is moderately more affordable than Wanamassa, with a 7.8% lower cost of living index. Freehold scores 128 compared to 138 for Wanamassa, where the US average is 100. This difference means residents of Wanamassa can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Freehold is $1,818/month compared to $1,836/month in Wanamassa — a 1% difference. Home values follow the same pattern: Freehold is more affordable at $401,900 median vs $526,400.

Median household income in Freehold is $82,183 compared to $167,712 in Wanamassa (-51%). While Wanamassa is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Freehold spend roughly 26.5% of their income on rent, more than the 13.1% in Wanamassa.

Income & Cost

Cost of Living Index
Freehold
128
8% cheaper
Wanamassa
138
Median Household Income
Freehold
$82,183
Wanamassa
$167,712
51% higher

Housing

Median Rent
Freehold
$1,818
1% cheaper
Wanamassa
$1,836
Median Home Value
Freehold
$401,900
24% cheaper
Wanamassa
$526,400
Population
Freehold
12,504
Wanamassa
4,344

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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