Bordentown, NJ, has a higher cost of living compared to the nationwide average. The cost of living index in Bordentown stands at 118, which is 18% above the national average of 100. This increase is largely driven by higher housing and healthcare costs, which are 25% and 20% above the national average, respectively.
Job seekers should consider these factors when evaluating potential relocation to Bordentown. While the cost of groceries, utilities, transportation, and miscellaneous expenses are also above the national average, the overall increase remains moderate. Understanding these cost differences can help individuals make informed decisions about their living expenses in Bordentown.
Bordentown, NJ, shows a cost of living index that is notably higher than the nationwide average, which is set at 100. Housing costs in Bordentown stand at 125, indicating that residents pay 25% more than the national average. This higher housing index can significantly impact overall living expenses, making it a key factor for job seekers to consider.
In addition to housing, other areas also reflect elevated costs in Bordentown. Groceries cost 110, which is 10% more than the national average. Utilities are at 105, showing a 5% increase. Transportation costs are at 115, which is 15% higher. Healthcare costs are particularly high at 125, meaning residents pay 25% more for medical services. Miscellaneous expenses also stand at 120, indicating a 20% increase. These factors combined suggest that living in Bordentown involves higher expenses across multiple categories compared to the national average.