Blackwood, NJ, shows a higher cost of living compared to the nationwide average. Housing costs are 18% above the average, while groceries and utilities are 5% and 10% higher, respectively. Healthcare and miscellaneous expenses are slightly below average, at 5% and 2% lower. Overall, the cost of living index in Blackwood, NJ, stands at 104, reflecting a 4% increase from the national average.
The cost of living in Blackwood, NJ, shows a mixed picture when compared to the nationwide average. Housing costs in Blackwood stand at 118, which is 18% higher than the national average. This means that housing expenses are significantly more expensive for residents in Blackwood. Groceries, another essential expense, are at 105, which is 5% above the national average. This indicates that while groceries are not excessively costly, they still require a bit more budget than the average American household.
Utilities in Blackwood are priced at 110, which is 10% higher than the national average. This suggests that residents will need to allocate more funds for utilities compared to the average American. Transportation costs, however, are slightly lower, with an index of 98, which is 2% below the national average. This provides some relief for those commuting or running errands. Healthcare costs are at 95, which is 5% below the national average, offering some savings in this critical area. Miscellaneous expenses, which include items like entertainment and personal care, are at 102, which is 2% above the national average. Overall, while some areas show higher costs, others offer savings, making the cost of living in Blackwood a balanced consideration for potential residents.