Hampton, NJ vs Port Monmouth, NJ
Hampton is moderately more affordable than Port Monmouth, with a 12.7% lower cost of living index. Hampton scores 96 compared to 110 for Port Monmouth, where the US average is 100. This difference means residents of Port Monmouth can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Hampton is $1,048/month compared to $1,169/month in Port Monmouth — a 10% difference. Home values follow the same pattern: Hampton is more affordable at $298,000 median vs $423,600.
Median household income in Hampton is $77,222 compared to $106,677 in Port Monmouth (-27.6%). While Port Monmouth is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hampton spend roughly 16.3% of their income on rent, more than the 13.1% in Port Monmouth.
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