Cost of Living in Silver Lake CDP (Cumberland County), NJ
Population: 1,447 | New Jersey
Silver Lake CDP (Cumberland County) is 2% less expensive than the national average.
Cost of Living in Silver Lake CDP (Cumberland County), NJ: What You Need to Know
With a cost of living index of 98, Silver Lake CDP (Cumberland County), NJ is slightly more affordable than average. Living here is 2% cheaper than the national average and 30% below the New Jersey state average of 128. Silver Lake CDP (Cumberland County) is a small community of 1,447 residents.
The median household income in Silver Lake CDP (Cumberland County) is $88,217, which is 17% higher than the national median of $75,149.
Everyday prices in the Vineland, 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.
Income
- Median Household Income
- $88,217
- vs US Median ($75,149)
- +17%
Housing
- Median Home Value
- $304,800
- Median Monthly Housing Cost
- $1,974/mo
Everyday Prices in Silver Lake CDP (Cumberland County)
BLS Average Prices for the Vineland, NJ (Metropolitan Statistical Area) area