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Cape May Point, NJ vs Pedricktown, NJ

156
Cape May Point
New Jersey
VS
+54.4%
101
Pedricktown
New Jersey

The cost of living difference between Cape May Point, NJ and Pedricktown, NJ is dramatic. Pedricktown is 54.4% cheaper than Cape May Point, a gap that translates to thousands of dollars per year in household expenses. Cape May Point has a cost index of 156 while Pedricktown sits at 101, 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.

When it comes to buying, median home values in Cape May Point are $987,200 compared to $187,000 in Pedricktown, a 428% gap.

Median household income in Cape May Point is $88,333 compared to $72,566 in Pedricktown (+21.7%). Cape May Point does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget.

Income & Cost

Cost of Living Index
Cape May Point
156
Pedricktown
101
35% cheaper
Median Household Income
Cape May Point
$88,333
18% higher
Pedricktown
$72,566

Housing

Median Rent
Cape May Point
Pedricktown
$1,635
Median Home Value
Cape May Point
$987,200
Pedricktown
$187,000
81% cheaper
Population
Cape May Point
155
Pedricktown
380

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Cape May Point $3.00
Pedricktown $3.01
US $3.07
🥚
Eggs (grade A, large)
Cape May Point $2.44
Pedricktown $2.46
US $2.50
🥛
Milk (whole)
Cape May Point $3.94
Pedricktown $3.95
US $4.03
🍞
Bread (white)
Cape May Point $1.81
Pedricktown $1.82
US $1.85
🍗
Chicken breast
Cape May Point $4.05
Pedricktown $4.07
US $4.14
Electricity
Cape May Point $0.21
Pedricktown $0.23
US $0.19