Matawan, NJ vs Old Bridge, NJ
Old Bridge is moderately more affordable than Matawan, with a 6.5% lower cost of living index. Matawan scores 128 compared to 120 for Old Bridge, where the US average is 100. This difference means residents of Matawan can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Matawan is $1,714/month compared to $1,426/month in Old Bridge — a 20% difference. Interestingly, home values tell a different story: while Old Bridge has cheaper rent, Matawan actually has lower median home values ($447,000 vs $457,800).
Median household income in Matawan is $122,026 compared to $106,934 in Old Bridge (+14.1%). While Matawan is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Matawan spend roughly 16.9% of their income on rent, more than the 16% in Old Bridge.
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