The cost of living in East Hanover, NJ, exceeds the nationwide average across multiple categories. Housing, for instance, stands at 35% higher than the national index, which is set at 100. Groceries cost 20% more, and healthcare services are about 25% pricier.
Utilities, transportation, and miscellaneous expenses also lean above the national average. Utilities cost 10% more, while transportation is 15% higher. Miscellaneous costs are about 5% higher than the average. Overall, East Hanover presents a higher cost of living for job seekers to consider.
The cost of living in East Hanover, New Jersey, shows a mix of expenses compared to the nationwide average. Housing costs in East Hanover stand at 135, indicating that housing prices are 35% higher than the national average. This increase reflects a significant factor for those considering relocation or a new home purchase in the area.
Other major expenses also tilt higher. Groceries cost 20% more, making the cost index 120. Utilities hover slightly above the average, with an index of 110, adding an extra 10% to living expenses. Transportation costs are about 15% higher, with an index of 115. Healthcare expenses follow closely, with a cost index of 125, marking a 25% increase over the national average. Miscellaneous costs, however, are slightly below the average at an index of 105, which is 5% lower than the national standard. Overall, East Hanover presents a cost of living that is notably higher in several key areas, although not excessively so.
