Haddonfield, NJ, has a higher cost of living compared to the nationwide average. The overall cost of living index in Haddonfield is 125, which is 25% higher than the average. This increase is driven by higher housing costs, which are 50% above the national average.
Other expenses like groceries, utilities, transportation, healthcare, and miscellaneous items also contribute to this elevated index. For instance, groceries cost 20% more, and housing costs are notably 50% higher than the national average. These factors make Haddonfield a more expensive place to live.
Haddonfield, New Jersey, has a higher cost of living compared to the nationwide average, which is set at 100. The housing index in Haddonfield stands at 150, indicating that housing costs are 50% higher than the national average. This significant increase suggests that potential residents should budget more for rent or mortgage payments.
Other expenses in Haddonfield also exceed the average. For instance, the grocery index is at 120, meaning groceries cost 20% more than the average. Utilities are 10% higher than the national average, with an index of 110. Transportation costs are also 15% higher, with an index of 115. Healthcare costs are slightly above average at 105, which is 5% higher. Miscellaneous expenses, with an index of 130, are 30% higher than the national average. These figures highlight the need for careful financial planning for those considering a move to Haddonfield.