Cost of Living in Wildwood Crest, NJ

With a cost of living index of 107, Wildwood Crest, NJ is somewhat more expensive than average. Living here is 7% more expensive than the national average and 21% below the New Jersey state average of 128. Wildwood Crest is a small community of 3,094 residents.

Housing costs are the biggest factor in Wildwood Crest's cost of living. The median monthly rent is $950 (28% below the US median of $1,319), and the median home value sits at $526,600 (73% above the national median of $304,900). At current prices, the median home costs roughly 6.4x the median household income — a challenging ratio that puts homeownership out of reach for many residents.

The median household income in Wildwood Crest is $82,143, which is 9% higher than the national median of $75,149. Residents spend roughly 14% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

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.