Matawan, NJ vs Port Monmouth, NJ

There is a significant gap in the cost of living between these two cities. Port Monmouth is 16.8% cheaper than Matawan. With a cost index of 110 vs 128, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Port Monmouth to Matawan should plan for substantially higher expenses across most categories.

On the housing front, median rent in Matawan is $1,714/month compared to $1,169/month in Port Monmouth — a 47% difference. Home values follow the same pattern: Port Monmouth is more affordable at $423,600 median vs $447,000.

Median household income in Matawan is $122,026 compared to $106,677 in Port Monmouth (+14.4%). The higher salaries in Matawan partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Matawan spend roughly 16.9% of their income on rent, more than the 13.1% in Port Monmouth.