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Old Bridge, NJ vs Red Bank, NJ

120
Old Bridge
New Jersey
VS
-13.4%
139
Red Bank
New Jersey

Old Bridge is moderately more affordable than Red Bank, with a 13.4% lower cost of living index. Old Bridge scores 120 compared to 139 for Red Bank, where the US average is 100. This difference means residents of Red Bank can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Old Bridge is $1,426/month compared to $1,985/month in Red Bank — a 28% difference. Home values follow the same pattern: Old Bridge is more affordable at $457,800 median vs $477,000.

Median household income in Old Bridge is $106,934 compared to $101,738 in Red Bank (+5.1%). Old Bridge offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Old Bridge spend roughly 16% of their income on rent, less than the 23.4% in Red Bank.

Income & Cost

Cost of Living Index
Old Bridge
120
13% cheaper
Red Bank
139
Median Household Income
Old Bridge
$106,934
5% higher
Red Bank
$101,738

Housing

Median Rent
Old Bridge
$1,426
28% cheaper
Red Bank
$1,985
Median Home Value
Old Bridge
$457,800
4% cheaper
Red Bank
$477,000
Population
Old Bridge
28,015
Red Bank
12,864

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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