Overall 6%
Goods & Services 5%
Housing 41%
Date & Last Updated: This data reflects 2019 and was released from C2ER in January, 2020; this is the most current data available.
The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
IndexCamdenNew JerseyNational
Cost of living94123100
Goods & Services105111100
Health care103102100

Key findings

  • The cost of living in Camden is 24% lower than the New Jersey average
  • The cost of living in Camden is 6% lower than the national average
  • Camden housing is 41% lower than the national average
  • New Jersey general sales tax is 30% higher than the national average
  • New Jersey state income tax is 43% lower than the national average

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Compare Camden, NJ Cost of Living

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      Salary Calculator

      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      A good indicator of the general affordability of housing in Camden, NJ, is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Camden, the median monthly income is $41,617 for those who own their own homes. Under the standard rule, that income level would allow for $971 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $20,217, per the median income in the area. That would allow for renters to spend up to $472 on monthly rental expenses.

      New Jersey Sales Tax

      StateGeneral Sales TaxWith Max Surtax
      New Jersey6.625%12.625%

      New Jersey Income Tax

      StateIncome Tax (Low)Income Tax (High)
      New Jersey1.4%10.75%

      Goods & Services

      ItemCamdenNational avg.Difference
      Haircut $19.40$17.4910.9%
      Beauty Salon $61.00$38.1759.8%
      Toothpaste $2.02$2.3213.0%
      Shampoo $0.99$1.012.2%
      Movie $12.10$10.7212.8%
      Bowling $18.40$13.8632.7%


      ItemCamdenNational avg.Difference
      Ground Beef $3.94$3.901.0%
      Fried Chicken $1.49$1.406.8%
      Milk $2.16$1.9610.1%
      Potatoes $3.66$3.1815.0%
      Pizza $10.50$10.391.0%
      Beer $8.71$9.235.6%

      Health Care

      ItemCamdenNational avg.Difference
      Optometrist $103.33$106.342.8%
      Doctor $133.33$115.2515.7%
      Dentist $103.33$98.385.0%
      Ibuprofen $10.32$9.2611.4%
      Lipitor $389.17$466.4716.6%


      ItemCamdenNational avg.Difference
      Home Price $82,800.00$184,700.0055.2%
      Avg. Mortgage Payment $1,429.36$1,273.3212.3%
      Apartment Rent $880.00$949.007.3%


      ItemCamdenNational avg.Difference
      Gasoline $2.89$2.5911.4%
      Tire Balancing $61.00$48.9024.8%


      ItemCamdenNational avg.Difference
      All Electricity$185.76$167.6010.8%
      Phone $189.24$163.4215.8%
      Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

      Nearby cities with low cost of living

      City, StatePopulationCost of Living IndexNational Avg.
      Tavistock, NJ91099%
      Arcadia University, PA6471099%
      Pine Valley, NJ41099%
      Prospect Park CDP, PA22486-14%
      Audubon Park, NJ99391-9%
      Camden, NJ76,00594-6%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Kalamazoo, MI75,88580-20%
      Upland, CA75,85114040%
      Springdale, AR76,18886-14%
      Arlington Heights, IL75,72112323%
      Albany, GA75,65786-14%
      Camden, NJ76,00594-6%
      Source: The Camden, NJ cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.