Cost of Living in Absecon, NJ

Population 9,099 · New Jersey · Data vintage 2023

102
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Absecon a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $238,000. At 6.5%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

Absecon is about 55 miles southeast of Philadelphia, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Housing prices track closely with Philadelphia's $232,000 median.

Cost Overview

Housing 78
Rent 138

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Absecon

The median home value in Absecon is $237,600 — 22% below the national median of $305,000. Median rent runs $1,814/month, 38% higher than the national median of $1,314/month. The median household income of $77,516/year is 4% higher than the US median of $74,580. The local unemployment rate is 6.5%, above the national average of 4.8%. New Jersey's top state income tax rate is 10.8% and the combined sales tax is 6.6%. The climate averages highs of 65.1°F and lows of 45.1°F, with about 17.4" of annual snowfall. Overall, Absecon has a cost of living index of 102 versus the US average of 100, meaning it is 2% more expensive.

🏠 Housing

Median Home Value
$237,600
22% below avg
Zillow Home Value
$336,135
Zillow ZHVI
Median Rent
$1,814/mo
38% above avg
Price-to-Rent Ratio
10.9x
Favors buying
Property Tax Rate
2.5%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,474
1 BR
$1,654
2 BR
$2,040
3 BR
$2,550
4 BR
$2,885
Owner-occupied 73.4%
Renter-occupied 26.6%

💰 Estimated Monthly Budget

Rent median rent
$1,814
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,428/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
21.1 min
22% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
8.4%

Commute Mode

Drove alone
81.7%
Carpooled
5.8%
Public transit
2.9%
Walked
1.2%
Work from home
8.4%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 10.8%
Total Sales Tax 6.6%
State rate 6.6%
Avg local rate -0.0%
Property Tax 2.5%

💼 Income & Employment

Median Household Income
$77,516
4% above avg
Per Capita Income
$40,216
Unemployment Rate
6.5%
35% above avg
Poverty Rate
8.7%
Labor Force Participation
66.1%

🎓 Education

Bachelor's degree+ 23.2%
Graduate degree 7.6%

👥 Demographics

Median Age 37.1
Male median age 36.4
Female median age 37.7

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
65.1°F
Avg Low
45.1°F
Annual Precip
46"
Annual Snowfall
17.4"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 434653637382878579685748
Low °F 252633425161676558463729
Precip" 3.383.234.523.323.343.584.474.593.554.143.374.47
Snow" 5.75.92.20.30.00.00.00.00.00.00.13.2

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 38 — Good
74%
Good air days/yr
265
Max AQI recorded
223
PM2.5 days
142
Ozone days

Frequently Asked Questions

What is the cost of living in Absecon, NJ?

Absecon has a cost index of 102 (100 = national average). It is 2% above the national average.

What is average rent in Absecon, NJ?

The median gross rent in Absecon is $1,814 per month based on 2023 Census data.

What is the average home price in Absecon?

The median home value in Absecon is $237,600 according to Zillow and Census data.

What is the median income in Absecon?

The median household income in Absecon is $77,516 per year (2023 ACS 5-year estimates).

What is the sales tax in Absecon, NJ?

The combined state and local sales tax rate in Absecon is 6.6%. The New Jersey state income tax top rate is 10.8%.

Is Absecon, NJ affordable?

Absecon is near the national average in terms of cost of living, with an index of 102 (100 = US average).

What is the weather like in Absecon?

Absecon has average high temperatures of 65.1°F and average lows of 45.1°F. Annual precipitation is 46". Average annual snowfall is 17.4". Data from NOAA 1991–2020 Climate Normals.

Absecon at a Glance

Population
9,099
Median Income
$77,516
Home Value
$237,600
Median Rent
$1,814/mo
Unemployment
6.5%
Avg High Temp
65.1°F
Sales Tax
6.6%
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