COMPARE COST OF LIVING

Montgomery County, PA→Monmouth County, NJ

Equivalent salary in Monmouth County, NJ

$50,135

+0.27% higher

Current salary: $50,000

Household: 1 adult · 0 children

This estimate matches your purchasing power (equivalent salary) when moving from Montgomery County, PA to Monmouth County, NJ.

Cost of Living Breakdown by Category

Summary/TLDR:

Total costs in Montgomery County, PA and Monmouth County, NJ are within about 0.27% of each other. The move is less about overall savings and more about swapping which categories are expensive: you’ll feel the difference in specific areas like Housing, not in your entire budget. Moving can lead to meaningful savings especially in Housing, Food, Other Costs, and Taxes According to the Economic Policy Institute’s 2025 Family Budget data, Montgomery County, PA's Housing costs are 4.36% higher ($17,735 vs. $16,961), driving a large part of the cost difference. Movers could potentially save $774 in annual expenses. Transport and Healthcare costs for Monmouth County, NJ , however, rise slightly.

Since Housing is one of the biggest drivers of living costs, this gap alone can noticeably change how the move feels month to month. Because housing is usually the largest line item in a budget, this gap alone can make the move feel noticeably cheaper or more expensive.

Below we break down the key differences driving this gap.

What changed the most?

following categories which are the highest average cost to your new location and the lowest average cost from your current location.

Biggest Cost Change

Highest new COST when moving to Monmouth County, NJ

Average Cost:

$4,162 per year

HEALTHCARE costs are highest in Monmouth County, NJ.

Biggest Save Change

Highest money SAVE when moving to Monmouth County, NJ

Average Cost:

$16,961 per year

HOUSING costs are lowest in Monmouth County, NJ.

Breakdown of price percentages per category.

Numbers are average costs per section.

Category	Difference
Housing	-4.36% lower
Montgomery County, PA Monmouth County, NJ Average Cost $17735.00 $16961.00 INFO: Housing costs are based on the Department of Housing and Urban Development. The data represented shows the rental cost at the 40th percentile at a given area for privately owned, rental unit. Studio apartments were paired with 1 adult families, 1 Bedroom apartments with 2 Adult families, and 2 bedroom apartments for families with 1 or 2 children.
Food	-0.94% lower
Montgomery County, PA Monmouth County, NJ Average Cost $4885.00 $4839.00 INFO: Food cost are based on the U.S. Department of Agriculture's food plan. Numbers are normalized to each area using weights from Feeding America and the Meal Gap data. This number assumes most food is bought at a local grocery store and then prepared at home.
Transport	2.00% higher
Montgomery County, PA Monmouth County, NJ Average Cost $12749.00 $13004.00 INFO: Transportation costs are a combination of auto ownership, auto use, and public transit. Data is collected from the Center for Neighborhood Technology (CNT).
Healthcare	31.43% higher
Montgomery County, PA Monmouth County, NJ Average Cost $4162.00 $5470.00 INFO: Health care expenses come from an average of insurance premiums and out-of-pocket costs. The data assumes families purchase the lowest cost available insurance plan under the Affordable Care Act. Data comes from Kaiser Family foundation and U.S. Department of Health and Human Services (HHS).
Other Costs	-3.61% lower
Montgomery County, PA Monmouth County, NJ Average Cost $7610.00 $7335.00 INFO: This cost is calculated through the average spending of categories deemed necessary by the Bureau of Labor Statistics Consumer Expenditure Survey. These include apparel, personal care, household supplies, reading materials, and school supplies.
Taxes	-3.29% lower
Montgomery County, PA Monmouth County, NJ Average Cost $9582.00 $9267.00 INFO: Taxes are calculated from the National Bureau of Economic Research. The number weighs in personal income tax, state income tax, federal Social Security, and Medicare taxes.

In your new location your total average costs would be $56877.00 compared to your previous average costs of $56723.00.

The higher price could be attributed to different factors. For example, larger differences, the delta could be attributed to the fact that a city is a metropolitan location.

In this case Monmouth County, NJ and Montgomery County, PA are both metropolitan locations.

Breakdown your annual expenses to see how far your current budget when moving to a several locations. Use our map to visually

Use the Cost of Living Map