Madison, NJ vs Oceanport, NJ

The cost of living difference between Madison, NJ and Oceanport, NJ is dramatic. Oceanport is 32.9% cheaper than Madison, a gap that translates to thousands of dollars per year in household expenses. Madison has a cost index of 180 while Oceanport sits at 135, 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 Madison is $2,248/month compared to $1,310/month in Oceanport — a 72% difference. Home values follow the same pattern: Oceanport is more affordable at $685,800 median vs $882,900.

Median household income in Madison is $168,469 compared to $156,196 in Oceanport (+7.9%). Madison does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Madison spend roughly 16% of their income on rent, more than the 10.1% in Oceanport.