Crandon Lakes, NJ vs North Cape May, NJ

Crandon Lakes, NJ and North Cape May, NJ have a very similar cost of living, with only a 0.8% difference in their overall index. Crandon Lakes scores 102 while North Cape May scores 102 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

When it comes to buying, median home values in Crandon Lakes are $279,500 compared to $323,900 in North Cape May, a 14% gap.

Median household income in Crandon Lakes is $92,434 compared to $82,198 in North Cape May (+12.5%). While Crandon Lakes is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.