Cresskill, NJ, has a higher cost of living compared to the nationwide average. The cost of living index in Cresskill stands at 125, which is 25% higher than the national average of 100. This increase is particularly noticeable in housing, where the index reaches 150.
Overall, residents in Cresskill can expect to spend more on various living expenses, including groceries, utilities, transportation, healthcare, and miscellaneous items. Each of these categories shows a rise above the national average, making Cresskill a more expensive place to live.
Cresskill, New Jersey, has a higher cost of living compared to the nationwide average. The cost of living index for Cresskill stands at 130, which is 30% higher than the national average of 100. This elevated index reflects the increased expenses residents face in various areas, particularly housing. Housing costs in Cresskill are notably 50% higher than the national average, with an index of 150.
Other areas also show significant increases. For example, groceries cost 15% more, with an index of 115. Utilities are 20% higher, at 120, while healthcare costs are 25% above the national average, with an index of 125. Transportation and miscellaneous expenses also exceed the national average, though to a lesser extent, at 10% and 10% higher, respectively. These figures highlight the overall higher expenses residents in Cresskill must manage compared to the average American.
