Keyport, NJ vs Peapack and Gladstone, NJ

The cost of living difference between Keyport, NJ and Peapack and Gladstone, NJ is dramatic. Keyport is 31.7% cheaper than Peapack and Gladstone, a gap that translates to thousands of dollars per year in household expenses. Keyport has a cost index of 112 while Peapack and Gladstone sits at 164, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Keyport is $1,379/month compared to $1,827/month in Peapack and Gladstone — a 25% difference. Home values follow the same pattern: Keyport is more affordable at $374,800 median vs $843,400.

Median household income in Keyport is $79,036 compared to $184,231 in Peapack and Gladstone (-57.1%). While Peapack and Gladstone is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Keyport spend roughly 20.9% of their income on rent, more than the 11.9% in Peapack and Gladstone.