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Cost of Living in Victory Lakes, NJ

Population: 1,403 | New Jersey

95
Cost of Living Index
US Average = 100

Victory Lakes is 5% less expensive than the national average.

100
Housing
75
Home Values
102
Regional Price

Cost of Living in Victory Lakes, NJ: What You Need to Know

With a cost of living index of 95, Victory Lakes, NJ is slightly more affordable than average. Living here is 5% cheaper than the national average and 33% below the New Jersey state average of 128. Victory Lakes is a small community of 1,403 residents.

The median household income in Victory Lakes is $97,273, which is 29% higher than the national median of $75,149.

Everyday prices in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (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
$97,273
vs US Median ($75,149)
+29%

Housing

Median Home Value
$228,000
Median Monthly Housing Cost
$1,699/mo

Everyday Prices in Victory Lakes

BLS Average Prices for the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (Metropolitan Statistical Area) area

$3.01
Gasoline (regular)
per gallon
-2% vs US
🥚
$2.46
Eggs (grade A, large)
per dozen
-2% vs US
🥛
$3.95
Milk (whole)
per gallon
-2% vs US
🍞
$1.82
Bread (white)
per lb
-2% vs US
🍗
$4.07
Chicken breast
per lb
-2% vs US
$0.23
Electricity
per kWh
+20% vs US

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