Hamilton Square, NJ vs Rahway, NJ

Hamilton Square, NJ and Rahway, NJ have a very similar cost of living, with only a 0.6% difference in their overall index. Hamilton Square scores 122 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 Hamilton Square is $1,817/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 $376,900.

Median household income in Hamilton Square is $135,694 compared to $90,852 in Rahway (+49.4%). Hamilton Square offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Hamilton Square spend roughly 16.1% of their income on rent, less than the 23.3% in Rahway.