The cost of living index in East Hanover, New Jersey, shows that housing costs are 30% higher than the nationwide average. Other expenses like groceries, utilities, and healthcare also exceed the national average, with miscellaneous costs being 8% higher. This data suggests that living in East Hanover involves higher expenses across various categories compared to the national average.
The cost of living in East Hanover, New Jersey, shows some notable differences when compared to the nationwide average. Housing costs in East Hanover stand at 130, which is 30% higher than the national average. This means that housing expenses for residents in East Hanover are significantly higher, potentially impacting overall living expenses.
Other aspects of living also reflect higher costs in East Hanover. Groceries, for example, are 110, which is 10% above the average. Utilities, at 120, are 20% higher than the national average. Transportation costs are slightly above the average, with an index of 105, indicating a 5% increase. Healthcare costs are also higher, with an index of 115, reflecting a 15% increase. Miscellaneous expenses, at 108, are 8% higher than the national average. These figures highlight that while some costs are close to the average, others are notably higher, affecting the overall cost of living in East Hanover.
