Hackettstown, NJ vs North Cape May, NJ

Hackettstown, NJ and North Cape May, NJ have a very similar cost of living, with only a 3.7% difference in their overall index. Hackettstown scores 105 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.

On the housing front, median rent in Hackettstown is $1,419/month compared to $1,331/month in North Cape May — a 7% difference. Home values follow the same pattern: North Cape May is more affordable at $323,900 median vs $337,100.

Median household income in Hackettstown is $91,250 compared to $82,198 in North Cape May (+11%). While Hackettstown is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hackettstown spend roughly 18.7% of their income on rent, less than the 19.4% in North Cape May.