Cost of Living in North Cape May, NJ

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C
9%
Overall NAT. AVG.
2%
Groceries NAT. AVG.
31%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index North Cape May New Jersey National
Cost of living109125100
Groceries98108100
Health care102112100
Housing131157100
Transportation99114100
Utilities102111100
Lifestyle & Entertainment100113100
Household Items98107100
Education & Childcare96120100
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Homes For Sale In North Cape May, NJ

property for sale

200 Suzanne Ave

Cape May, NJ
property for sale

14 Pinewood Rd

Cape May, NJ
property for sale

115 Haverford Ave

Cape May, NJ
property for sale

710 Gorham Ave

Cape May, NJ

Cost Of Living Quick Facts

  • The cost of living in North Cape May is 13% lower than the New Jersey average
  • The cost of living in North Cape May is 9% higher than the national average
  • North Cape May housing is 31% higher than the national average
  • New Jersey general sales tax is 30% higher than the national average
  • New Jersey state income tax is 46% lower than the national average

Most Affordable Places to Live in and Around North Cape May

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      Transportation index
      Utilities index
      Lifestyle index
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      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$101,308$8,442$2,364$3,040
      Renters$51,049$4,254$1,191$1,532

      New Jersey Sales Tax

      State General Sales Tax With Max Surtax
      New Jersey 6.625% 12.625%

      New Jersey Income Tax

      State Income Tax (Low) Income Tax (High)
      New Jersey 1.4% 10.75%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Whitesboro, NJ2,6441077.3%
      Burleigh, NJ4461087.8%
      Villas, NJ9,97611111.2%
      Wildwood, NJ5,11011717.4%
      Cape May Court House, NJ4,91011918.9%
      North Cape May, NJ3,8861098.8%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Irwin, PA3,885973.0%
      Tiffin, IA3,8871032.9%
      Sagamore, MA3,88713939.2%
      Sunnyslope, WA3,88713939.3%
      Métabetchouan--Lac-à-la-Croix, QC3,887n/a 
      North Cape May, NJ3,8861098.8%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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