Red Bank, New Jersey vs. Monterey, Massachusetts

Cost of Living Comparison

The cost of living in Monterey, Massachusetts is 1.7% more expensive than Red Bank, New Jersey.

You would need a salary of $137,355 in Monterey, Massachusetts to maintain the standard of living you have in Red Bank, New Jersey.
Comparison highlights
• Overall, Monterey, Massachusetts is more expensive than Red Bank, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
23% more expensive in Monterey
than in Red Bank, New Jersey
Red Bank, NJ vs. Monterey, MA
Compared to Red Bank, Monterey is:
  Homeowner
      No Child Care, Taxes not Considered
  1.7% higher
      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
  4.1% higher
  Housing (Homeowner)
  25.4% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  10.0% higher
  Commute
  23.7% lower
  Health
  2.1% higher
  Taxes
  Childcare
  Personal
  6.1% lower