Barrington, NJ, has a higher cost of living compared to the nationwide average. The cost of living index for Barrington stands at 125, which is 25% above the national benchmark of 100. This increase is largely driven by housing costs, which are 50% higher than the average, and groceries, which are 20% more expensive.
In addition to housing and groceries, other living expenses in Barrington also surpass the national average. Utilities cost 10% more, while healthcare expenses are 15% higher. Transportation and miscellaneous costs, though close to the average, still slightly exceed the national figures. Overall, Barrington's cost of living reflects the higher prices across various sectors.
Barrington, NJ, exhibits a higher cost of living across several key areas when compared to the nationwide average. The housing index stands at 150, indicating that housing costs are 50% higher than the national average. This increase could significantly impact the budget for job seekers considering relocation to Barrington.
The cost of groceries in Barrington is also notable, with an index of 120, reflecting a 20% increase over the national average. Utilities follow closely with an index of 110, showing a 10% higher cost. Transportation, at 105, remains only slightly above the national average, with a modest 5% increase. Healthcare costs in Barrington are 15% higher, with an index of 115. Miscellaneous expenses, with an index of 130, represent a 30% rise compared to the average. These factors combine to show that Barrington’s overall cost of living is considerably above the national standard.