Matawan, NJ vs Union, NJ

Matawan, NJ and Union, NJ have a very similar cost of living, with only a 0.2% difference in their overall index. Matawan scores 128 while Union scores 128 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 Matawan is $1,714/month compared to $1,695/month in Union — a 1% difference. Interestingly, home values tell a different story: while Union has cheaper rent, Matawan actually has lower median home values ($447,000 vs $451,500).

Median household income in Matawan is $122,026 compared to $127,411 in Union (-4.2%). Union offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Matawan spend roughly 16.9% of their income on rent, more than the 16% in Union.