Cost of living in Cape May, NJ

Cape May is a Census city in Cape May County, NJ. ACS 2024 5-year population is 2,767. Median gross rent is $1,013 (ACS 2024 5-year, this place). Median home value is $863,900. Median household income is $62,576. Insurance is the NAIC state average; food is a USDA plan — no town indexes.