Zip 08226 (Ocean City, NJ) Cost of Living


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Ocean City cost of living score
122.7
More expensive
22.7% higher
than the US average
2.4% higher
than the New Jersey average
Ocean City (zip 08226), New Jersey gets a BestPlaces Cost of Living score of 122.7, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 22.7% higher than the U.S. average and 2.4% lower than the average for New Jersey.

Zip 08226 (Ocean City, NJ)

Housing costs in Ocean City?
A typical home costs $858,800, which is 154.0% more expensive than the national average of $338,100 and 98.8% more expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Ocean City costs $1,720 per month, which is 0.6% more than the national average of $1,710 and 9.9% more than the state average of $1,550.

Can I afford Ocean City?
To live comfortably in Ocean City (zip 08226), New Jersey, a minimum annual income of $164,520 for a family, and $52,400 for a single person is recommended.

What does A.I. say about Ocean City?
The cost of living in 08226 Ocean City, NJ is relatively high when compared to other areas. The median home price for this area is $479,500, which is significantly higher than the median home price of $218,700 for the state of New Jersey overall. Renting a one-bedroom apartment in this area costs an average of $898 per month while utilities and groceries are also more expensive than normal. Despite the high cost of living, many people still choose to settle down here due to its proximity to beaches and attractions such as boardwalks and water parks.
   Cost of living score
     CategoriesOcean CityNew JerseyUnited States
  122.7119.8100.0
  114.2105.8100
  97.496.9100.0
  256.3136.4100.0
  $858,800$432,100$338,100
  111.8%109.2%100.0%
  97.6127.7100.0
  103.2112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime