Bloomfield, NJ, shows a higher cost of living compared to the nationwide average. The cost of living index in Bloomfield stands at 120, which is 20% higher than the national average of 100. This increase is particularly noticeable in housing, where the index reaches 130, indicating a significant premium for residents in this area.
Overall, the cost of living in Bloomfield, NJ, reflects a 20% increase over the national average, with housing being the most affected category. This data suggests that potential job seekers should consider the higher expenses when planning their move to Bloomfield.
The cost of living in Bloomfield, NJ, shows some significant differences when compared to the nationwide average. Housing costs in Bloomfield stand at 130, which is 30% higher than the national average. This means that residents will need to allocate a larger portion of their budget to housing compared to the average American. For groceries, the index is 105, indicating a 5% increase over the national average. This slight increase suggests that the cost of food in Bloomfield remains relatively close to the national average.
Utilities in Bloomfield are priced at 110, which is 10% higher than the nationwide average. This increase reflects the additional costs residents may face for electricity, gas, water, and other essential services. Transportation costs are at 115, showing a 15% increase over the national average. This means that commuting and other transportation-related expenses are higher in Bloomfield. Healthcare costs are at 120, which is 20% above the national average. This higher cost highlights the need for residents to budget more for medical services. Miscellaneous expenses in Bloomfield are at 125, indicating a 25% increase over the average. This broader category includes items like entertainment, clothing, and personal care, all of which cost more in Bloomfield.
