Cost of Living in Absecon Highlands, NJ

With a cost of living index of 109, Absecon Highlands, NJ is somewhat more expensive than average. Living here is 9% more expensive than the national average and 19% below the New Jersey state average of 128. Absecon Highlands is a small community of 1,512 residents.

Housing costs are the biggest factor in Absecon Highlands's cost of living. The median monthly rent is $1,681 (27% above the US median of $1,319), and the median home value sits at $284,900 (7% below the national median of $304,900). At current prices, the median home costs roughly 3.5x the median household income — a moderately affordable ratio by today's standards.

The median household income in Absecon Highlands is $80,511, which is 7% higher than the national median of $75,149. Residents spend roughly 25% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Climate is another factor for anyone considering a move to Absecon Highlands. The area sees an average annual temperature of 55.5°F, with summers averaging 73°F and winters around 38°F. Annual rainfall totals 43.6 inches spread over roughly 114 days.

Everyday prices in the Atlantic City-Hammonton, NJ (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 5 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.