Gloucester City, NJ, has a higher cost of living than the nationwide average, with an overall cost of living index of 101. Housing stands out with a 109 index, which is 9% higher than the national average. Groceries cost slightly less, at 95, which is 5% below the average.
Utilities are also above average, with an index of 103, representing a 3% increase. Transportation and healthcare costs are closer to the national average, with indexes of 99 and 97, respectively. Miscellaneous expenses also show a slight rise, with an index of 102. This data suggests that living in Gloucester City, NJ, comes with some increased expenses, particularly in housing.
Gloucester City, NJ, presents a cost of living that is slightly higher than the nationwide average, with an overall index of 102. This means that, generally, living expenses in Gloucester City are 2% higher than the national average. Housing costs, for instance, stand at 109, showing a 9% increase over the average. This suggests that residents may need to allocate a larger portion of their budget to housing compared to the national average.
Other expenses also reflect this pattern. Utilities, with an index of 103, are 3% above the national average, indicating slightly higher energy costs. While groceries and healthcare show slightly lower costs at 95 and 97 respectively, they are still close to the average. Transportation costs, at 99, and miscellaneous expenses, at 102, align closely with the national average. This data paints a picture of a city where some aspects of living are more expensive than others, requiring job seekers to consider these factors in their budget planning.
