Garfield, NJ vs Ocean City, NJ

Garfield is moderately more affordable than Ocean City, with a 12.9% lower cost of living index. Garfield scores 126 compared to 144 for Ocean City, where the US average is 100. This difference means residents of Ocean City can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Garfield is $1,612/month compared to $1,670/month in Ocean City — a 4% difference. Home values follow the same pattern: Garfield is more affordable at $454,300 median vs $719,100.

Median household income in Garfield is $75,701 compared to $101,782 in Ocean City (-25.6%). While Ocean City is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Garfield spend roughly 25.6% of their income on rent, more than the 19.7% in Ocean City.