Carlstadt, NJ, has a higher cost of living compared to the nationwide average. The overall cost of living index in Carlstadt stands at 108, which is 8% above the national average of 100. This increase is largely driven by higher housing costs, which are 20% higher than the national average.
Transportation costs also contribute significantly, with a 15% increase. While groceries and utilities are slightly above average, healthcare costs are 5% below the national average. This data highlights the need for job seekers to consider these factors when planning their move to Carlstadt.
Carlstadt, NJ, has a cost of living that is notably higher than the nationwide average. Housing costs in Carlstadt stand at 120, which means they are 20% higher than the national average. This increase can significantly impact the budget of those looking to rent or buy a home in the area.
Other expenses also reflect higher costs in Carlstadt. Groceries cost 110, which is 10% more than the average. Utilities are at 105, showing a 5% increase. Transportation costs are 115, which is 15% higher than the national average. While healthcare costs are slightly lower, at 95, this is still 5% below the average. Miscellaneous expenses match the national average at 100. Overall, Carlstadt's higher cost of living in key areas can affect the financial planning of job seekers and residents.