The cost of living in Denville, NJ, exceeds the nationwide average in several key areas. Housing costs are 39% higher, while groceries are 15% more expensive. Utilities, transportation, healthcare, and miscellaneous items also show increases, with utilities at 7%, transportation at 10%, healthcare at 20%, and miscellaneous items at 5% above the national average.
Job seekers should consider these factors when evaluating potential relocation to Denville, NJ. The higher costs in housing and groceries may significantly impact their budget, requiring careful financial planning.
The cost of living in Denville, NJ, shows some significant differences compared to the nationwide average, which is set at 100. Housing costs in Denville are notably higher, standing at 139. This means that housing expenses are 39% more expensive than the national average. For job seekers considering Denville, this could be a crucial factor in their budget planning.
Other areas also reflect higher costs. Groceries in Denville cost 15% more than the national average, with an index of 115. Utilities are slightly above average at 107, which is 7% higher. Transportation costs are 10% higher, with an index of 110. Healthcare costs are also elevated, at 120, which is 20% more than the national average. Miscellaneous expenses are just slightly below average at 105, indicating a 5% lower cost. These figures highlight the overall higher cost of living in Denville compared to the national average.