Cost of Living in Cape May Court House, NJ

Population 5,375 · New Jersey · Data vintage 2023

112
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Cape May Court House sits on the smaller end of the New Jersey city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible.

Cape May Court House is about 65 miles south 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 53% higher than Philadelphia's $232,000.

Cost Overview

Housing 117
Rent 106

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

About the Cost of Living in Cape May Court House

The median home value in Cape May Court House is $355,500 — 17% above the national median of $305,000. Median rent runs $1,389/month, 6% higher than the national median of $1,314/month. The median household income of $74,503/year is equal to than the US median of $74,580. The local unemployment rate is 5.8%, 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 64.6°F and lows of 43.9°F. Overall, Cape May Court House has a cost of living index of 112 versus the US average of 100, meaning it is 12% more expensive.

🏠 Housing

Median Home Value
$355,500
17% above avg
Zillow Home Value
$432,848
Zillow ZHVI
Median Rent
$1,389/mo
6% above avg
Price-to-Rent Ratio
21.3x
Favors renting
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 66.7%
Renter-occupied 33.3%

💰 Estimated Monthly Budget

Rent median rent
$1,389
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,003/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
24.9 min
8% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
7.8%

Commute Mode

Drove alone
85.3%
Carpooled
6.2%
Public transit
0.0%
Work from home
7.8%

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
$74,503
0% below avg
Per Capita Income
$44,940
Unemployment Rate
5.8%
20% above avg
Poverty Rate
15.9%
Labor Force Participation
54.3%

🎓 Education

Bachelor's degree+ 18.6%
Graduate degree 13.2%

👥 Demographics

Median Age 44.9
Male median age 42.2
Female median age 46.4

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
64.6°F
Avg Low
43.9°F
Annual Precip
43.4"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 424552647382868478675647
Low °F 242531415060666457453528
Precip" 3.132.634.093.533.123.914.264.613.153.823.173.95

🏫 Schools

NCES CCD 2019 — public school district data

93%
4-Year Graduation Rate
10.4:1
Student-teacher ratio
6
Public schools
2,628
Total enrollment

Frequently Asked Questions

What is the cost of living in Cape May Court House, NJ?

Cape May Court House has a cost index of 112 (100 = national average). It is 12% above the national average.

What is average rent in Cape May Court House, NJ?

The median gross rent in Cape May Court House is $1,389 per month based on 2023 Census data.

What is the average home price in Cape May Court House?

The median home value in Cape May Court House is $355,500 according to Zillow and Census data.

What is the median income in Cape May Court House?

The median household income in Cape May Court House is $74,503 per year (2023 ACS 5-year estimates).

What is the sales tax in Cape May Court House, NJ?

The combined state and local sales tax rate in Cape May Court House is 6.6%. The New Jersey state income tax top rate is 10.8%.

Is Cape May Court House, NJ affordable?

Cape May Court House is above average in cost of living, with an index of 112 — about 12% higher than the national average.

What is the weather like in Cape May Court House?

Cape May Court House has average high temperatures of 64.6°F and average lows of 43.9°F. Annual precipitation is 43.4". Data from NOAA 1991–2020 Climate Normals.

Cape May Court House at a Glance

Population
5,375
Median Income
$74,503
Home Value
$355,500
Median Rent
$1,389/mo
Unemployment
5.8%
Avg High Temp
64.6°F
Sales Tax
6.6%
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