Denville, NJ, has a higher cost of living compared to the nationwide average. The cost of living index in Denville stands at 120, which is 20% higher than the national average of 100. This increase is driven by higher expenses in housing, groceries, and healthcare, making it important for job seekers to consider these factors when evaluating opportunities in Denville.
The cost of living in Denville, NJ, shows some significant differences compared to the nationwide average. Housing costs in Denville stand at 130, which is 30% higher than the national average. This means that residents will need to allocate a larger portion of their budget to housing compared to the average American. Groceries in Denville are also above the national average, with an index of 115, indicating a 15% increase. This suggests that everyday food expenses are higher here.
Utilities and transportation in Denville are slightly above average, with indices of 110 and 105, respectively. This means utility costs are 10% higher, and transportation costs are 5% higher than the national average. Healthcare costs in Denville are also 20% higher, with an index of 120. Miscellaneous expenses, which include items like entertainment and personal care, are 25% higher, with an index of 125. Overall, Denville presents a higher cost of living in several key areas compared to the national average.
