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Cost & Benefits

Cost of living in Cape May, New Jersey

Simple answer

Typical rent is $1,013 a month.

Cape May is a city in New Jersey. That rent number includes utilities. A typical household earns $62,576 a year.

People
2,767
Census average, 2020–2024
Typical rent
$1,013
Median gross rent, includes utilities
Typical pay
$62,576
Median household income, yearly
Typical home
$863,900
Median home value
2-bedroom fair rent
$1,857
Cape May County, NJ HUD Metro FMR Area

Cape May, New Jersey has about 2,767 people. That count is a 2020–2024 Census average, not a headcount from one day.

A typical home is worth about $863,900.

HUD's fair-market rent for a 2-bedroom in Cape May County is $1,857 a month. That is the county number, not an apartment listing in Cape May. It runs from October 2026 through September 2027.

In the Atlantic City-Hammonton, NJ metro area, prices sit at 98.9 when the U.S. average is 100. That is a 2024 BEA index.

New Jersey taxes wages. A typical combined sales tax is 6.6% as of January 1, 2026. That mix is statewide, not Cape May's exact store tax.

In July 2026, a typical New Jersey home paid 25.19¢ per kilowatt-hour. That is a state average from EIA, not Cape May's bill.

EIA did not publish a 2025 all-grades gas price for New Jersey in the table we use.

Among 485 places we list in New Jersey with a rent figure, 471 have higher typical rent than Cape May.

Nearby places

EBT nearby

USDA has a live map of stores that take SNAP. We did not copy that store list here. The downloadable file is a history file for 2005 through 2025, so the live map is the one to use.

Locator page updated 2026-09-11. Last checked 2026-10-16.

Food stamps (SNAP) tools in New Jersey

Bigger places in New Jersey

Census 2020-2024. HUD rents for October 2026–September 2027. BEA prices for 2024. Taxes as of January 1, 2026. Checked 2026-10-16. 15,000 places are in this guide.