Audubon Park, NJ vs Cape May, NJ

The cost of living difference between Audubon Park, NJ and Cape May, NJ is dramatic. Audubon Park is 45.4% cheaper than Cape May, a gap that translates to thousands of dollars per year in household expenses. Audubon Park has a cost index of 73 while Cape May sits at 133, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Audubon Park is $957/month compared to $1,013/month in Cape May — a 6% difference. Home values follow the same pattern: Audubon Park is more affordable at $93,800 median vs $823,800.

Median household income in Audubon Park is $53,333 compared to $57,230 in Cape May (-6.8%). Cape May does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Audubon Park spend roughly 21.5% of their income on rent, more than the 21.2% in Cape May.