Cedar Grove, NJ, has a higher cost of living compared to the nationwide average. The cost of living index for Cedar Grove stands at 118, indicating that expenses are 18% higher than the national average. This increase is particularly noticeable in housing, transportation, and miscellaneous costs, which are 22%, 20%, and 25% higher, respectively.
Cedar Grove, NJ, has a higher cost of living compared to the nationwide average. The housing index in Cedar Grove stands at 122, which is 22% higher than the national average of 100. This means that housing costs in Cedar Grove are significantly more expensive than those found in most other areas across the country.
Other expenses in Cedar Grove also exceed the national average. For instance, the cost of groceries is 110, which is 10% higher. Utilities cost 105, which is 5% higher. Transportation costs are 120, which is 20% higher. Healthcare costs are 115, which is 15% higher. Miscellaneous expenses are 125, which is 25% higher. These figures show that Cedar Grove residents face higher expenses in multiple areas compared to the average American.
