Cost of Living in Vincentown, NJ
Population: 490 | New Jersey
Vincentown is 49% more expensive than the national average.
Cost of Living in Vincentown, NJ: What You Need to Know
With a cost of living index of 149, Vincentown, NJ is one of the most expensive cities in the United States. Living here is 49% more expensive than the national average and 21% above the New Jersey state average of 128. Vincentown is a small community of 490 residents.
Housing costs are the biggest factor in Vincentown's cost of living. The median monthly rent is $3,070 (133% above the US median of $1,319), and the median home value sits at $245,500 (19% below the national median of $304,900). At current prices, the median home costs roughly 2.5x the median household income — well within traditional affordability guidelines.
The median household income in Vincentown is $99,716, which is 33% higher than the national median of $75,149. Residents spend roughly 37% of household income on rent. This exceeds the recommended 30% threshold, meaning many renters here are cost-burdened. While incomes are above average, they do not fully offset the higher cost of living.
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
- $99,716
- vs US Median ($75,149)
- +33%
Housing
- Median Rent
- $3,070/mo
- Median Home Value
- $245,500
- Median Monthly Housing Cost
- $1,838/mo
Everyday Prices in Vincentown
BLS Average Prices for the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (Metropolitan Statistical Area) area