Cape May County, NJ at a glance
Median household income
$91,128$7,594 per month · U.S. Census Bureau ACS 5-YearHow much rent can you afford in Cape May County, NJ?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
How much is rent in Cape May County, NJ? By bedroom, 2026
HUD's fiscal 2026 Fair Market Rents for Cape May County, NJ HUD Metro FMR Area, with the income each one takes if rent stays under 30% of it.
| Unit Size | Monthly Rent | Annual Rent | 30% Rule Min. Income | % of Median Income |
|---|---|---|---|---|
| Studio / Efficiency | $1,320 | $15,840 | $52,800 | 17.4% |
| 1-Bedroom Apartment | $1,366 | $16,392 | $54,640 | 18% |
| 2-Bedroom ApartmentBenchmark | $1,792 | $21,504 | $71,680 | 23.6% |
| 3-Bedroom Home | $2,396 | $28,752 | $95,840 | 31.6% |
| 4-Bedroom Home | $2,405 | $28,860 | $96,200 | 31.7% |
Rent in Cape May County, NJ, with the wage each unit needs →
What a typical income covers in Cape May County, NJ
The 50/30/20 rule applied to the local median of $91,128 a year ($7,594 a month before tax).
What $91,128 leaves after New Jersey taxes
Federal income tax, Social Security, Medicare and New Jersey tax on the local median income. Change the salary to see yours.
Rent, jobs and pay in New Jersey
Living in Cape May County, NJ: common questions
What is the median household income in Cape May County, NJ?
According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Cape May County, NJ is $91,128 per year (approximately $7,594 per month).
What is the average rent in Cape May County, NJ?
The closest official figure is HUD's Fair Market Rent for 2026: $1,320 for a studio, $1,366 for one bedroom, $1,792 for two, $2,396 for three and $2,405 for four, utilities included.
It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.
Is Cape May County, NJ expensive to live in?
Prices there run 1.1% below the U.S. average. BEA's regional price parity for the metro area is 98.9, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.
How much do you need to earn to comfortably afford rent in Cape May County, NJ?
To keep a $1,792 two-bedroom under 30% of gross income, a household needs about $71,680 a year, or $5,973 a month. That is 79% of what the typical household in Cape May County, NJ earns.
How much do you need to live comfortably in Cape May County, NJ?
On the local median income of $91,128 ($7,594 a month before tax), the 50/30/20 rule leaves $3,797 a month for needs like rent, utilities and groceries, $2,278 for everything else and $1,519 for savings or debt. A two-bedroom at $1,792 takes 47% of the needs share.
How much is the electric bill in Cape May County, NJ?
Homes in New Jersey paid 25¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $225. Your bill depends mostly on heating and cooling.