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Port Morris, NJ vs Rio Grande, NJ

117
Port Morris
New Jersey
VS
+11%
105
Rio Grande
New Jersey

Rio Grande is moderately more affordable than Port Morris, with a 11% lower cost of living index. Port Morris scores 117 compared to 105 for Rio Grande, where the US average is 100. This difference means residents of Port Morris can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Port Morris is $1,493/month compared to $1,486/month in Rio Grande — a 1% difference. Home values follow the same pattern: Rio Grande is more affordable at $311,900 median vs $391,400.

Median household income in Port Morris is $65,070 compared to $97,590 in Rio Grande (-33.3%). Rio Grande offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Port Morris spend roughly 27.5% of their income on rent, more than the 18.3% in Rio Grande.

Income & Cost

Cost of Living Index
Port Morris
117
Rio Grande
105
10% cheaper
Median Household Income
Port Morris
$65,070
Rio Grande
$97,590
33% higher

Housing

Median Rent
Port Morris
$1,493
Rio Grande
$1,486
Median Home Value
Port Morris
$391,400
Rio Grande
$311,900
20% cheaper
Population
Port Morris
1,141
Rio Grande
3,285

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Port Morris $3.32
Rio Grande $3.00
US $3.07
🥚
Eggs (grade A, large)
Port Morris $2.71
Rio Grande $2.44
US $2.50
🥛
Milk (whole)
Port Morris $4.36
Rio Grande $3.94
US $4.03
🍞
Bread (white)
Port Morris $2.00
Rio Grande $1.81
US $1.85
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Chicken breast
Port Morris $4.49
Rio Grande $4.05
US $4.14
Electricity
Port Morris $0.24
Rio Grande $0.21
US $0.19