Edgewater, NJ, shows a higher cost of living than the nationwide average, which is set at 100. Housing costs, for instance, reach 130, indicating they are 30% higher than average. Across various categories, such as groceries at 115 and transportation at 120, residents face expenses up to 25% above the national norm, highlighting the financial considerations for potential job seekers.
The cost of living in Edgewater, NJ, reflects a higher expense compared to the nationwide average, which is set at 100. Housing costs are notably 30% higher in Edgewater, with an index of 130. This means that housing expenses are one-third more expensive than the national average. Residents will find that their rent or mortgage payments are significantly above the average, making housing one of the most costly aspects of living in this area.
Other areas like groceries, utilities, transportation, and healthcare also show increases over the national average. For instance, groceries in Edgewater cost 15% more, with an index of 115, while utilities are 10% higher at 110. Transportation costs are 20% above the average with an index of 120. Healthcare costs are also 25% higher, indexed at 125. These increases highlight the higher living expenses in Edgewater, particularly affecting everyday needs and essential services.
