The cost of living index in Clinton, NJ, shows that housing costs are 20% higher than the nationwide average. This increase is due to the housing index being at 120. Other categories like groceries and utilities also show higher costs, with groceries at 5% and utilities at 10% above the national average.
The cost of living in Clinton, NJ, shows a mixed picture when compared to the nationwide average. Housing costs in Clinton stand at 120, which is 20% higher than the national average. This means that renters and homeowners in Clinton can expect to pay significantly more for their living spaces. Groceries, another essential expense, are 105% of the national average, indicating a 5% increase. This suggests that while food prices are not exorbitantly high, they still require a bit more budget planning.
Utilities in Clinton are priced at 110%, which is 10% above the national average. This includes costs for electricity, gas, water, and other essential services. Transportation costs are slightly lower, with an index of 98, meaning they are 2% below the national average. Healthcare costs are also slightly above average, at 102%, which is a 2% increase. Miscellaneous expenses, which cover a range of other costs, are at 115%, reflecting an increase of 15% compared to the national average. Overall, while some areas show higher costs, others are relatively close to the national average, offering a balanced view of living expenses in Clinton, NJ.