Keyport, NJ vs Thorofare, NJ

Keyport, NJ and Thorofare, NJ have a very similar cost of living, with only a 2.5% difference in their overall index. Keyport scores 112 while Thorofare scores 115 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 Keyport is $1,379/month compared to $1,868/month in Thorofare — a 26% difference. Interestingly, home values tell a different story: while Keyport has cheaper rent, Thorofare actually has lower median home values ($272,700 vs $374,800).

Median household income in Keyport is $79,036 compared to $87,344 in Thorofare (-9.5%). While Thorofare 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, less than the 25.7% in Thorofare.