Ventnor City, NJ Cost of Living


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Ventnor City cost of living score
93.9
Less expensive
6.1% lower
than the US average
21.6% lower
than the New Jersey average
Ventnor City, New Jersey gets a BestPlaces Cost of Living score of 93.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 6.1% lower than the U.S. average and 21.6% lower than the average for New Jersey.

Ventnor City, NJ

Housing costs in Ventnor City?
A typical home costs $458,500, which is 35.6% more expensive than the national average of $338,100 and 6.1% more expensive than the average New Jersey home, at $432,100. Renting a two-bedroom unit in Ventnor City costs $1,640 per month, which is 14.7% more than the national average of $1,430 and 4.3% cheaper than the state average of $1,710.

Can I afford Ventnor City?
To live comfortably in Ventnor City, New Jersey, a minimum annual income of $87,840 for a family, and $52,000 for a single person is recommended.

What does A.I. say about Ventnor City?
Ventnor City, NJ is a relatively affordable place to live compared to other cities in the same region. The median home price is around $270,000, which is much lower than the national average of approximately $200,000. Renting an apartment typically costs between $800-$1000/month for a 1-bedroom and between $1,100-$1,500/month for a 2-bedroom unit. Groceries and utilities are also fairly inexpensive in Ventnor City when compared to other parts of New Jersey. Residents can expect to pay around 10% less than the national average on these items. Overall, Ventnor City offers a comfortable and affordable lifestyle at a fraction of the cost of living in nearby cities like Atlantic City or Philadelphia.
   Cost of living score
     CategoriesVentnor CityNew JerseyUnited States
  93.9119.8100.0
  105.7105.8100
  93.596.9100.0
  117.6136.4100.0
  $458,500$432,100$338,100
  105.8%109.2%100.0%
  90.1127.7100.0
  98.7112.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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