Audubon, NJ, has a higher cost of living compared to the nationwide average. The housing index stands at 110, indicating that housing costs are 10% higher than the national average. Other categories like groceries and healthcare also exceed the average, with indices of 105 and 98, respectively. This suggests that living in Audubon involves higher expenses in several key areas.
Audubon, New Jersey, has a cost of living index that reflects its unique economic landscape compared to the nationwide average. Housing costs in Audubon stand at 110, indicating that residents pay 10% more than the average American. This increase suggests that finding affordable housing may be a bit more challenging in Audubon. Groceries, another essential expense, are priced at 105, which is 5% higher than the national average. This means that shopping for food in Audubon will cost slightly more than in other areas.
Utilities in Audubon are priced at 95, which is 5% below the national average. This offers some relief to residents, as they will spend less on services like electricity and water. Transportation costs are on par with the national average at 100, meaning there is no significant difference in this area. Healthcare costs are slightly below the national average at 98, offering a 2% savings for residents. Miscellaneous expenses, which include items like entertainment and personal care, are at 102, which is 2% higher than the average. Overall, Audubon presents a mixed picture with some areas of cost being higher and others being lower than the national average.
