Smithville, NJ vs Wildwood Crest, NJ

Smithville, NJ and Wildwood Crest, NJ have a very similar cost of living, with only a 4.7% difference in their overall index. Smithville scores 102 while Wildwood Crest scores 107 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 Smithville is $1,477/month compared to $950/month in Wildwood Crest — a 56% difference. Interestingly, home values tell a different story: while Wildwood Crest has cheaper rent, Smithville actually has lower median home values ($270,600 vs $526,600).

Median household income in Smithville is $72,875 compared to $82,143 in Wildwood Crest (-11.3%). While Wildwood Crest is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Smithville spend roughly 24.3% of their income on rent, more than the 13.9% in Wildwood Crest.