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Atlantic City-Hammonton, NJ

Cost of living in Cape May County, NJ

Part of the Atlantic City Metro Area

Estimated monthly cost
$3,386/mo
for a single person, all categories combined

Population 95,236 · Last updated May 21, 2026

Cost breakdown

Single person, by category, per month.

Rent $1,213 36%
Federal tax $632 19%
Healthcare $480 14%
Groceries $392 12%
Transport $320 9%
Energy $194 6%
State tax $100 3%
Water $55 2%

Rent in Cape May County

Fair Market Rents by bedroom count.

Studio
$1,192
per month
1 bedroom
$1,213
per month
2 bedroom
$1,591
per month
3 bedroom
$2,127
per month
4 bedroom
$2,135
per month

Source: HUD FMR FY2025

Income and earnings in Cape May County

Annual earnings figures from the Census ACS.

Household income
$88,046
per year
Individual earnings
$48,670
per year
Per capita
$54,325
per year

Source: ACS 2019-2023 5-Year.

Home values in Cape May County

Average values reported by homeowners.

Average home value
$395,000
Annual property tax
$5,233

Source: ACS 2019-2023 5-Year

Energy costs in Cape May County

Estimated monthly electricity and gas costs.

Electricity
$132
per month · 19.4¢/kWh
Natural gas
$62
per month
Annual total
$2,328
per year

Source: EIA

Healthcare in Cape May County

Insurance premiums and coverage rates.

Individual premium
$480
per month
Family premium
$1,350
per month
Uninsured rate
5.6%

Source: ACS + national avg. Marketplace benchmark premiums are second-lowest Silver plan estimates and do not reflect employer plans, subsidies, or out-of-pocket costs. This is not healthcare advice.

Taxes in Cape May County

State and local tax rates for New Jersey.

State income tax
10.8%
Top marginal rate
State sales tax
6.6%
Combined sales tax
6.6%
incl. average local

Tax rates change. Consult a qualified tax professional for advice on your specific situation. This is not tax advice.

Transportation in Cape May County

Commute patterns and estimated costs.

Average commute
22.7 min
Drive alone
73.7%
Public transit
0.7%
Work from home
9.9%

Source: ACS

Monthly cost estimates for Cape May County

What it costs to live in Cape May County each month.

Single person
$3,386
per month
  • Rent $1,213
  • Energy $194
  • Water $55
  • Groceries $392
  • Transport $320
  • Healthcare $480
  • Federal tax $632
  • State tax $100
Couple
$5,224
per month
  • Rent $1,591
  • Energy $233
  • Water $65
  • Groceries $650
  • Transport $420
  • Healthcare $864
  • Federal tax $1,111
  • State tax $290
Family
$7,950
per month
  • Rent $2,127
  • Energy $291
  • Water $75
  • Groceries $986
  • Transport $520
  • Healthcare $1,350
  • Childcare $1,200
  • Federal tax $1,111
  • State tax $290

Frequently asked questions about Cape May County

Common questions about cost of living, rent and salary.

What is the average rent in Cape May County?

In Cape May County, NJ, a one-bedroom apartment averages $1,213 per month, a two-bedroom averages $1,591 per month, a three-bedroom averages $2,127 per month, according to HUD Fair Market Rent data.

What is the average salary in Cape May County?

In Cape May County, NJ, the average household income is $88,046 per year and individual earnings for full-time workers average $48,670 per year, according to U.S. Census Bureau data.

What is the cost of living in Cape May County?

The estimated cost of living in Cape May County, NJ is approximately $3,386 per month for a single person, $5,224 for a couple, $7,950 for a family. This includes rent, utilities, groceries, transportation, healthcare, and taxes.

What is the sales tax rate in Cape May County?

The combined sales tax rate in Cape May County, NJ is 6.63%, which includes the New Jersey state rate of 6.63% plus an average local rate of 0.00%.

Is Cape May County an affordable place to live?

Based on the data, a single person in Cape May County, NJ would need approximately $3,386 per month to cover rent, utilities, food, transport, healthcare, and taxes. The average household income is $88,046 per year ($7,337 per month). Cape May County is relatively affordable compared to the national average.

How much does healthcare cost in Cape May County?

The ACA marketplace benchmark premium in Cape May County, NJ is approximately $480 per month for an individual. Approximately 5.6% of residents are uninsured. Actual costs vary based on employer coverage, plan type, and individual circumstances.

What are house prices in Cape May County?

The average home value in Cape May County, NJ is $395,000, with average annual property taxes of $5,233, according to U.S. Census Bureau data.

How does Cape May County compare to other areas?

You can compare Cape May County, NJ with any other US county using our comparison tool at /compare. Cape May County is in the Atlantic City-Hammonton, NJ metro area.

Other counties in New Jersey

Browse the full list of counties in New Jersey, ranked by cost of living.

See all counties in New Jersey

Compare Cape May County with another area

Put two counties side by side to see how rent, taxes and everyday costs stack up.

About this data

All figures on this page come from official U.S. government sources, listed below.

  • HUD FMR FY2025
  • ACS 2019-2023 5-Year
  • EIA
  • ACS + national avg
  • ACS
  • USDA + BEA RPP
Methodology All data sources