Edgewater, NJ, exhibits a higher cost of living compared to the nationwide average in several key areas. Housing prices in Edgewater are 50% above the national average, while groceries cost 20% more. Additionally, utilities and transportation also exceed the national average by 10% and 30%, respectively. Healthcare costs in Edgewater sit at 15% higher than the national average, and miscellaneous expenses are 25% above the nationwide norm. Overall, the cost of living in Edgewater is notably higher across various categories, with the overall index standing 20% above the national average of 100.
Edgewater, NJ, displays a higher cost of living across multiple categories compared to the nationwide average, which is set at 100. The housing index in Edgewater stands at 150, indicating that housing costs are 50% higher than the national average. This significant increase may impact potential residents' budgeting for their primary living expenses.
Other areas also show elevated costs in Edgewater. Groceries, for instance, have a cost of living index of 120, which is 20% above the national average. Utilities follow closely with an index of 110, which means they are 10% higher. Transportation, with an index of 130, is 30% more expensive. Healthcare costs, at 115, are 15% higher, while miscellaneous expenses, at 125, are 25% above the average. These figures suggest that while Edgewater offers many amenities, it also comes with higher living expenses across various sectors.
