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Morganville, NJ vs South River, NJ

168
Morganville
New Jersey
VS
+40.7%
119
South River
New Jersey

The cost of living difference between Morganville, NJ and South River, NJ is dramatic. South River is 40.7% cheaper than Morganville, a gap that translates to thousands of dollars per year in household expenses. Morganville has a cost index of 168 while South River sits at 119, 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 Morganville is $2,677/month compared to $1,599/month in South River — a 67% difference. Home values follow the same pattern: South River is more affordable at $382,500 median vs $575,900.

Median household income in Morganville is $134,911 compared to $101,853 in South River (+32.5%). The higher salaries in Morganville partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Morganville spend roughly 23.8% of their income on rent, more than the 18.8% in South River.

Income & Cost

Cost of Living Index
Morganville
168
South River
119
29% cheaper
Median Household Income
Morganville
$134,911
25% higher
South River
$101,853

Housing

Median Rent
Morganville
$2,677
South River
$1,599
40% cheaper
Median Home Value
Morganville
$575,900
South River
$382,500
34% cheaper
Population
Morganville
5,544
South River
16,007

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Morganville $3.32
South River $3.32
US $3.07
🥚
Eggs (grade A, large)
Morganville $2.71
South River $2.71
US $2.50
🥛
Milk (whole)
Morganville $4.36
South River $4.36
US $4.03
🍞
Bread (white)
Morganville $2.00
South River $2.00
US $1.85
🍗
Chicken breast
Morganville $4.49
South River $4.49
US $4.14
Electricity
Morganville $0.24
South River $0.24
US $0.19