The cost of living in Boonton, NJ, exceeds the nationwide average in several key areas. Housing costs are 30% higher, groceries 20% higher, and utilities 10% higher than the national average. Healthcare expenses are 25% above the average, while transportation costs are 15% higher. Miscellaneous expenses are slightly below the national average at 5% less. Overall, job seekers should consider these factors when evaluating living costs in Boonton.
The cost of living in Boonton, NJ, shows some significant differences when compared to the nationwide average. Housing costs in Boonton stand at 130, which is 30% higher than the national average. This means that residents will need to allocate more of their budget to housing compared to the average American. Similarly, groceries in Boonton are priced at 120, indicating a 20% increase over the national average. This higher cost for food items adds to the overall financial burden for those living in Boonton.
Utilities in Boonton are also above the national average, with an index of 110, representing a 10% increase. Transportation costs follow closely at 115, which is 15% higher than the average. Healthcare costs in Boonton are at 125, showing a 25% rise compared to the national average. Lastly, miscellaneous expenses are slightly below the national average at 105, which is a 5% decrease. Overall, these figures highlight that living in Boonton, NJ, involves higher expenses in several key areas compared to the nationwide average.
