The cost of living index in Blackwood, NJ, shows that housing costs are 10% higher than the nationwide average of 100. Other expenses such as groceries, utilities, transportation, healthcare, and miscellaneous items also reflect various rates above and below the national average. The housing index peaks at 110, while transportation stands at 95. This variance indicates that prospective residents should consider these factors when planning their budget.
The cost of living in Blackwood, NJ, reflects some variations when compared to the nationwide average, which is set at 100. Housing in Blackwood stands at a notable 110, indicating that residents spend 10% more on housing than the national average. This increase suggests that finding affordable housing may be more challenging in this area.
In contrast, groceries in Blackwood are priced at 105, showing a modest 5% increase over the national average. Utilities, however, are slightly lower, with an index of 98, meaning they cost 2% less. Transportation costs stand at 95, which is 5% below the national average. Healthcare in Blackwood is notably higher, with an index of 115, reflecting a 15% increase in costs compared to the national average. Miscellaneous expenses also show a minor rise, with an index of 102, indicating a 2% increase. Overall, while some areas like healthcare and housing see significant cost differences, others such as utilities and transportation offer slight savings.
