The cost of living index in Asbury Park, NJ, exceeds the nationwide average, with housing costs standing at 34% higher. Compared to the base of 100 for the average U.S. cost of living, Asbury Park's overall index reflects a 25% increase, showing higher expenses in most categories.
The cost of living in Asbury Park, NJ, stands higher than the nationwide average by a noticeable margin, particularly when considering housing expenses. With a cost of living index of 134, housing costs are 34% above the national average. This increase suggests that potential residents or job seekers in Asbury Park should expect to spend significantly more on housing compared to other places in the country.
In other areas, Asbury Park also exhibits higher expenses. For groceries, the index is at 105, indicating a 5% increase over the national average. Utilities, necessary for daily living, have an index of 110, marking an increase of 10%. Transportation costs, which include fuel and public transport, are at 115, which is 15% higher than the national average. Healthcare costs in Asbury Park are slightly above the national average, with an index of 120, showing a 20% increase. Miscellaneous costs, which encompass various small expenses, are at 125, marking a 25% increase over the national average. These percentages highlight the higher overall cost of living in Asbury Park, NJ, compared to the rest of the nation.
