The cost of living in Blackwood, NJ, exceeds the nationwide average in several key areas. Housing costs are 15% higher, groceries are 7% more expensive, and healthcare is 10% pricier. Utilities, transportation, and miscellaneous expenses are close to or slightly below the national average.
Blackwood’s overall cost of living index stands at 108, which is 8% above the nationwide average of 100. This increase highlights the importance of evaluating these costs when considering relocation or job opportunities.
The cost of living index for Blackwood, NJ, provides insight into how the expenses in this area compare to the national average, which is set at 100. Housing stands out with an index of 115, indicating that it costs 15% more to live in Blackwood compared to the nationwide average. For job seekers considering Blackwood, this suggests that finding a place to live could be more expensive than average.
Transportation in Blackwood also exceeds the national average, with an index of 102. This means costs are 2% higher here than on average. In contrast, utilities are slightly cheaper, with an index of 95, showing a 5% reduction in costs. Groceries, healthcare, and miscellaneous items show small increases, with indexes of 107, 110, and 108, respectively. These figures suggest that while some costs are higher, others are close to or slightly below the national average. This information can help job seekers make informed decisions about their potential new living situation in Blackwood.
