Cranford, NJ, has a higher cost of living compared to the nationwide average. The overall cost of living index in Cranford stands at 125%, which is 25% higher than the average. This increase is driven by higher housing costs, which are 50% above the national average.
Other categories like groceries and utilities also contribute to this elevated index. Groceries cost 20% more, while utilities are 5% higher. These factors make Cranford a more expensive place to live compared to the national average.
Cranford, New Jersey, shows a higher cost of living compared to the nationwide average. Housing costs 50% more than the national average, with an index of 150. This means that expenses for rent or mortgage, property taxes, and utilities are significantly higher. Groceries also cost 20% more, with an index of 120, indicating that food and household supplies are pricier in Cranford.
Utilities in Cranford are 5% higher than the national average, with an index of 105. This includes costs for electricity, gas, water, and other services. Transportation costs are 10% higher, with an index of 110, meaning that commuting and vehicle expenses are more than the average. Healthcare costs are 15% higher, with an index of 115, reflecting increased expenses for medical services and insurance. Miscellaneous costs, including entertainment and personal care, are 30% higher, with an index of 130. Overall, Cranford residents face higher expenses across various categories compared to the national average.
