Port Monmouth, NJ vs Ventnor City, NJ

Port Monmouth, NJ and Ventnor City, NJ have a very similar cost of living, with only a 1.8% difference in their overall index. Port Monmouth scores 110 while Ventnor City scores 108 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 Port Monmouth is $1,169/month compared to $1,477/month in Ventnor City — a 21% difference. Interestingly, home values tell a different story: while Port Monmouth has cheaper rent, Ventnor City actually has lower median home values ($345,300 vs $423,600).

Median household income in Port Monmouth is $106,677 compared to $74,619 in Ventnor City (+43%). While Port Monmouth is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Port Monmouth spend roughly 13.1% of their income on rent, less than the 23.8% in Ventnor City.