Housing costs in Atlantic City?
A typical home costs
$169,100, which is 50.0% less expensive than the national average of
$338,100 and 60.9% less expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Atlantic City costs
$1,470 per month, which is 14.0% cheaper than the national average of
$1,710 and 7.5% cheaper than the state average of
$1,580.
Can I afford Atlantic City?
To live comfortably in Atlantic City (zip 08401), New Jersey, a minimum annual income of
$32,400 for a family, and
$46,800 for a single person is recommended.
What does A.I. say about Atlantic City?
The cost of living in 08401 Atlantic City, NJ is relatively high. According to the Cost of Living Index, it is approximately 29 percent higher than the national average. Housing costs are particularly expensive, with median home prices hovering around $142,000 and monthly rents coming in at around $1,100. Utilities such as electricity and gas are on par with the rest of the country, while food prices tend to be slightly higher than average. Transportation costs also tend to be higher due to the lack of public transit options; however, owning a car is still an affordable way to get around town.