Bloomfield, NJ, shows a higher cost of living compared to the nationwide average. Housing costs are 24% higher, while groceries are 8% higher. Utilities, transportation, healthcare, and miscellaneous costs also exceed the national average by 2%, 15%, 11%, and 5%, respectively.
Job seekers should consider these factors when planning their budget. The elevated housing and transportation costs may significantly impact living expenses. Understanding these percentages can help individuals make informed decisions about relocating to Bloomfield, NJ.
The cost of living in Bloomfield, NJ, shows some variations compared to the nationwide average, which is set at 100. Housing costs in Bloomfield are notably higher, standing at 124. This means that housing expenses are 24% above the national average. For job seekers, this indicates that they may need to budget more for housing if they decide to relocate to Bloomfield.
Other expenses, such as groceries and utilities, also show differences. Groceries in Bloomfield cost 8% more than the national average, with an index of 108. Utilities, however, are slightly above the average at 102, meaning they are 2% higher. Transportation costs are 15% higher, with an index of 115. Healthcare costs are 11% higher, at 111, while miscellaneous expenses are 5% higher, at 105. These figures provide a clear picture of the financial considerations for anyone thinking about moving to Bloomfield, NJ.
