What is a pro or con of living in Ocean township (Monmouth County), New Jerseycompared to Newark, New Jersey?

Median Home Cost is 71% more expensive in Ocean township (Monmouth County).

What salary do I need to live in Ocean township (Monmouth County), New Jersey copmared to Newark, New Jersey?

A salary of $75,000 in Newark, New Jersey should increase to $77,809 in Ocean township (Monmouth County), New Jersey (assumptions include Homeowner, no Child Care, and Taxes are not considered.

What is a cost of living index?

A Cost of living index is a number starting at 100(100 = US Average). Higher means the place is more expensive than the US Average and lower than 100 means the place is less expensive than the US Average.

NEWARK vs. OCEAN TOWNSHIP (MONMOUTH COUNTY)
Cost of Living Comparison

Newark, New Jersey vs. Ocean township (Monmouth County), New Jersey

Cost of Living Comparison

The cost of living in Ocean township (Monmouth County), New Jersey is 3.7% more expensive than Newark, New Jersey.

You would need a salary of $77,809 in Ocean township (Monmouth County), New Jersey to maintain the standard of living you have in Newark, New Jersey.

Comparison highlights

• Overall, Ocean township (Monmouth County), New Jersey is more expensive than Newark, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
71% more expensive in Ocean township (Monmouth County)
than in Newark, New Jersey

Newark, NJ vs. Ocean Township (Monmouth County), NJ

Compared to Newark, Ocean Township (Monmouth County) is:

Homeowner

No Child Care, Taxes not Considered

3.7% higher

Child Care, Taxes not Considered

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Child Care, Taxes Considered

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No Child Care, Taxes Considered

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Renter

No Child Care, Taxes not Considered

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Child Care, Taxes not Considered

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Child Care, Taxes Considered

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No Child Care, Taxes Considered

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Food

3.1% higher

Housing (Homeowner)

81.6% higher

Housing (Rent)

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Median Home Cost

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Utilities

10.0% lower

Commute

40.0% lower

Health

0.8% lower

Taxes

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Childcare

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Personal

3.3% lower

Cost of Food

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Newark, New Jersey vs. Ocean township (Monmouth County), New Jersey

Cost of Living Comparison

Comparison highlights

Newark, NJ vs. Ocean Township (Monmouth County), NJ

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