Cranford, NJ, shows a higher cost of living compared to the nationwide average. The overall cost of living index in Cranford stands at 123, which is 23% above the national average of 100. This increase is largely driven by higher housing costs, which are 43% above the national average. Other categories like groceries, transportation, and healthcare also exceed the national average, contributing to the elevated cost of living in Cranford.
Cranford, NJ, shows a higher cost of living compared to the nationwide average, which is set at 100. The housing index in Cranford stands at 143, indicating that housing costs are 43% higher than the national average. This significant increase suggests that potential residents should budget more for housing, as it is the most expensive category compared to others.
In addition to housing, other areas also reflect higher costs in Cranford. For instance, groceries cost 17% more, with an index of 117. Transportation costs are 20% higher, with an index of 120. Healthcare and utilities are slightly above the national average, with indices of 110 and 101, respectively. Miscellaneous expenses also show a 15% increase, with an index of 115. These figures highlight that while Cranford offers a higher standard of living in some areas, it also comes with higher expenses across the board.
