Cost of Living in Atlantic City, NJ

Population 38,486 · New Jersey · Data vintage 2023

70
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

At $36,220, median household incomes in Atlantic City land roughly 51% below the US median, a gap that tends to persist across local labor-market indicators. A poverty rate near 34% adds context to the income figures — well above the US average, and worth factoring into any comparison with cities on the coasts or in the Rockies.

Atlantic City 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. Median home values run roughly 18% lower than Philadelphia's $232,000.

Cost Overview

Housing 62
Rent 82

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

About the Cost of Living in Atlantic City

The median home value in Atlantic City is $189,600 — 38% below the national median of $305,000. Median rent runs $1,084/month, 18% lower than the national median of $1,314/month. The median household income of $36,220/year is 51% lower than the US median of $74,580. The local unemployment rate is 12.6%, 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 60.9°F and lows of 50.1°F. Overall, Atlantic City has a cost of living index of 70 versus the US average of 100, meaning it is 30% less expensive.

🏠 Housing

Median Home Value
$189,600
38% below avg
Zillow Home Value
$213,186
Zillow ZHVI
Median Rent
$1,084/mo
18% below avg
Zillow Rent
$1,925/mo
Zillow ZORI
Price-to-Rent Ratio
14.6x
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 30.1%
Renter-occupied 69.9%

💰 Estimated Monthly Budget

Rent median rent
$1,084
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,698/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
25.4 min
6% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
5.9%

Commute Mode

Drove alone
44.8%
Carpooled
8.3%
Public transit
20.7%
Walked
16.1%
Bicycle
1.2%
Work from home
5.9%

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
$36,220
51% below avg
Per Capita Income
$24,153
Unemployment Rate
12.6%
163% above avg
Poverty Rate
33.9%
Labor Force Participation
59.1%

🎓 Education

Bachelor's degree+ 14.7%
Graduate degree 5.8%

👥 Demographics

Median Age 37.8
Male median age 37.1
Female median age 38

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
60.9°F
Avg Low
50.1°F
Annual Precip
43.6"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 424348576675807974655547
Low °F 303137465565717065544335
Precip" 3.093.274.273.363.103.233.754.133.564.253.444.17

💨 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

🏫 Schools

NCES CCD 2019 — public school district data

79%
4-Year Graduation Rate
11.2:1
Student-teacher ratio
11
Public schools
6,921
Total enrollment

Frequently Asked Questions

What is the cost of living in Atlantic City, NJ?

Atlantic City has a cost index of 70 (100 = national average). It is 30% below the national average.

What is average rent in Atlantic City, NJ?

The median gross rent in Atlantic City is $1,084 per month based on 2023 Census data.

What is the average home price in Atlantic City?

The median home value in Atlantic City is $189,600 according to Zillow and Census data.

What is the median income in Atlantic City?

The median household income in Atlantic City is $36,220 per year (2023 ACS 5-year estimates).

What is the sales tax in Atlantic City, NJ?

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

Is Atlantic City, NJ affordable?

Yes, Atlantic City is generally considered affordable, with a cost of living index of 70 — about 30% below the US national average of 100.

What is the weather like in Atlantic City?

Atlantic City has average high temperatures of 60.9°F and average lows of 50.1°F. Annual precipitation is 43.6". Data from NOAA 1991–2020 Climate Normals.

Atlantic City at a Glance

Population
38,486
Median Income
$36,220
Home Value
$189,600
Median Rent
$1,084/mo
Unemployment
12.6%
Avg High Temp
60.9°F
Sales Tax
6.6%
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