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Regency at Monroe, NJ vs Watchung, NJ

133
Regency at Monroe
New Jersey
VS
-28.2%
186
Watchung
New Jersey

There is a significant gap in the cost of living between these two cities. Regency at Monroe is 28.2% cheaper than Watchung. With a cost index of 133 vs 186, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Regency at Monroe to Watchung should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Regency at Monroe are $657,500 compared to $833,300 in Watchung, a 21% gap.

Median household income in Regency at Monroe is $95,724 compared to $166,536 in Watchung (-42.5%). While Watchung is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Income & Cost

Cost of Living Index
Regency at Monroe
133
28% cheaper
Watchung
186
Median Household Income
Regency at Monroe
$95,724
Watchung
$166,536
43% higher

Housing

Median Rent
Regency at Monroe
Watchung
$2,571
Median Home Value
Regency at Monroe
$657,500
21% cheaper
Watchung
$833,300
Population
Regency at Monroe
2,241
Watchung
6,429

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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