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

The cost of living in Cape May, New Jersey is 24.3% more expensive than Lake Placid, New York.

You would need a salary of $62,141 in Cape May, New Jersey to maintain the standard of living you have in Lake Placid, New York.
Comparison highlights
• Overall, Cape May, New Jersey is more expensive than Lake Placid, New York
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
100% more expensive in Cape May
than in Lake Placid, New York
Lake Placid, NY vs Cape May, NJ
Compared to Lake Placid, Cape May is:
  Homeowner
      No Child Care, Taxes not Considered
  24.3% higher
      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
  1.6% lower
  Housing (Homeowner)
  87.8% higher
  Housing (Rent)
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  Median Home Cost
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  Utilities
  5.7% higher
  Commute
  14.9% higher
  Health
  13.7% lower
  Taxes
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  Childcare
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  Personal
  5.5% higher
Cost of Food
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