Hopkinton, Massachusetts vs. Red Bank, New Jersey

Cost of Living Comparison

The cost of living in Red Bank, New Jersey is 18.1% cheaper than Hopkinton, Massachusetts.

You would need a salary of $61,412 in Red Bank, New Jersey to maintain the standard of living you have in Hopkinton, Massachusetts.
Comparison highlights
• Overall, Red Bank, New Jersey is cheaper than Hopkinton, Massachusetts
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
33% cheaper in Red Bank
than in Hopkinton, Massachusetts
Hopkinton, MA vs. Red Bank, NJ
Compared to Hopkinton, Red Bank is:
  Homeowner
      No Child Care, Taxes not Considered
  18.1% lower
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  5.2% lower
  Housing (Homeowner)
  41.6% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  12.3% lower
  Commute
  11.9% lower
  Health
  10.4% higher
  Taxes
  Childcare
  Personal
  10.5% lower