Cresskill, NJ, has a higher cost of living compared to the nationwide average. The cost of living index in Cresskill stands at 135, which is 35% higher than the national average of 100. Housing costs are particularly elevated, with an index of 173, indicating a significant premium for residents in this area.
Cresskill, New Jersey, has a higher cost of living compared to the nationwide average, which is set at 100. Housing costs in Cresskill are notably 73% higher than the national average, with an index of 173. This significant increase reflects the premium placed on real estate in this area, making it a more expensive place to live for those considering relocation.
In addition to housing, other expenses in Cresskill also exceed the national average. For instance, groceries cost 20% more, with an index of 120. Utilities are 15% higher than the average, while healthcare costs are 30% above the national average, indexed at 130. These factors contribute to the overall higher cost of living in Cresskill, making it essential for job seekers to consider these expenses when evaluating potential job opportunities in the area.
