Cost of Living in Ocean City, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
182.0
100 = national avg
+82.0 vs national average
Living Wage (1 Adult)
$80,093
per year
Living Wage (Family of 4)
$189,311
per year
Cost Index by Category
Housing254.8
Food127.8
Transportation155.6
Healthcare122.2
Utilities147.6
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,366
per month
2 Bedroom
$1,792
per month
The overall cost of living index in Ocean City is 182.0, which is 82.0% above the national average. Housing costs are above the national average at an index of 254.8. A single adult needs to earn approximately $80,093 per year to cover basic expenses.