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Cost of Living in Atlantic City, NJ

Population 38,632 · Census ACS 2020–2024 5-year estimates

Median rent$1,136
Median home value$207,400
Median household income$41,028

The median rent in Atlantic City, NJ is $1,136/month, 34% lower than the New Jersey median and 20% lower than the U.S. median. The median home value is $207,400, 38% lower than the national median. Households earn a median of $41,028 a year, 60% lower than the state median.

Affordability

Rent as a share of median income: 33.2%
Income needed for median rent (30% rule): $45,440/yr
Home price-to-income ratio: 5.1×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,049/mo

Run your own numbers: mortgage calculator · hourly to salary

Atlantic City vs. New Jersey vs. U.S.

Atlantic CityNew JerseyU.S.
Median rent$1,136$1,720$1,413
Median home value$207,400$454,400$332,700
Median household income$41,028$103,556$80,734
Homeownership rate30.3%63.8%65.2%
Bachelor's degree or higher22.4%43.6%35.7%
Poverty rate32.3%9.7%12.5%
Unemployment rate14.5%6.3%5.2%
Work from home5.0%16.8%15.1%
Median age38.040.138.9

FAQ

What is the average rent in Atlantic City, NJ?

The median gross rent in Atlantic City, NJ is $1,136 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Atlantic City, NJ?

Using the common 30% rule, renting a median-priced home takes about $45,440 a year in gross income.

Is Atlantic City, NJ expensive to live in?

Rent there is 20% lower than the U.S. median, and the median home costs about 5.1 times the median household income.

Other cities in New Jersey

Newark, NJRent $1,392 · Income $52,060Jersey City, NJRent $2,007 · Income $97,710Paterson, NJRent $1,548 · Income $55,997Elizabeth, NJRent $1,523 · Income $66,555Toms River, NJRent $1,731 · Income $100,137Trenton, NJRent $1,294 · Income $52,537

Cities with a similar cost of living

West Pensacola, FLRent $1,138 · Income $40,511Chester, PARent $1,091 · Income $41,342Inkster, MIRent $1,170 · Income $39,252Detroit, MIRent $1,074 · Income $39,938Griffin, GARent $1,110 · Income $43,632Marrero, LARent $1,042 · Income $41,402

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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