Cost of Living in West Cape May, NJ

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

158.5

100 = national avg

+58.5 vs national average

Living Wage (1 Adult)

$69,719

per year

Living Wage (Family of 4)

$164,791

per year

Cost Index by Category

Housing
232.3
Food
110.7
Transportation
121.3
Healthcare
108.5
Utilities
132.9

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,366

per month

2 Bedroom

$1,792

per month

The overall cost of living index in West Cape May is 158.5, which is 58.5% above the national average. Housing costs are above the national average at an index of 232.3. A single adult needs to earn approximately $69,719 per year to cover basic expenses.