Matawan, NJ vs Rio Grande, NJ

There is a significant gap in the cost of living between these two cities. Rio Grande is 21.7% cheaper than Matawan. With a cost index of 105 vs 128, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Rio Grande 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 $1,486/month in Rio Grande — a 15% difference. Home values follow the same pattern: Rio Grande is more affordable at $311,900 median vs $447,000.

Median household income in Matawan is $122,026 compared to $97,590 in Rio Grande (+25%). 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, less than the 18.3% in Rio Grande.