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Cost of Living Calculator - Cape May Point, New Jersey vs Lake Placid, New York

The cost of living in Lake Placid, New York is 46.6% cheaper than Cape May Point, New Jersey.

You would need a salary of $40,046 in Lake Placid, New York to maintain the standard of living you have in Cape May Point, New Jersey.
Comparison highlights
• Overall, Lake Placid, New York is cheaper than Cape May Point, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
74% cheaper in Lake Placid
than in Cape May Point, New Jersey
Cape May Point, NJ vs Lake Placid, NY
Compared to Cape May Point, Lake Placid is:
  Homeowner
      No Child Care, Taxes not Considered
  46.6% lower
      Child Care, Taxes not Considered
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      Child Care, Taxes Considered
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      No Child Care, Taxes Considered
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  Renter
      No Child Care, Taxes not Considered
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      Child Care, Taxes not Considered
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      Child Care, Taxes Considered
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      No Child Care, Taxes Considered
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  Food
  5.6% lower
  Housing (Homeowner)
  54.8% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  3.8% lower
  Commute
  13.0% lower
  Health
  15.9% higher
  Taxes
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  Childcare
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  Personal
  3.8% lower
Cost of Food
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