Denville, New Jersey, shows a higher cost of living than the nationwide average. The cost of living index in Denville stands at 123, which is 23% higher than the national average of 100. Housing costs in Denville are notably 52% higher than average, while groceries, utilities, healthcare, and miscellaneous expenses are between 10% and 20% above the national average. Transportation costs, however, are 5% below the nationwide average.
Denville, New Jersey, presents a cost of living that is higher than the nationwide average in several key areas. Housing costs, for example, stand at 152, which is 52% higher than the national average. This means that rent and home prices in Denville are significantly above the average, making it a costly area to live in terms of housing. Groceries in Denville follow closely behind at 110, which is 10% higher than the national benchmark of 100. This suggests that food expenses will be somewhat greater than in many other places across the country.
Other aspects of the cost of living in Denville also reflect higher expenses. Utilities cost 20% more, at an index of 120, while transportation is slightly lower at 95, just 5% below the national average. Healthcare costs are at 105, which is 5% higher than the average, and miscellaneous expenses come in at 115, representing an 15% increase. Altogether, these figures show that while Denville offers certain benefits, the overall cost of living is notably above the national average, particularly in housing and groceries.
