Hammonton, NJ, has a higher cost of living compared to the nationwide average. The overall cost of living index in Hammonton stands at 104, which is 4% higher than the national average of 100. Housing costs are notably higher, with an index of 120, indicating a 20% increase over the national average. This suggests that job seekers should consider these factors when planning their relocation.
Hammonton, New Jersey, shows a cost of living index that is higher than the nationwide average in several key areas. Housing costs in Hammonton stand at 120, which is 20% higher than the average. This means that housing expenses are significantly more expensive for residents compared to the rest of the country. Groceries, another essential expense, are 5% higher at 105, indicating that food costs are also above the national average.
Utilities in Hammonton are 3% below the average, with an index of 97, offering a slight relief for residents. Transportation costs are slightly above average at 102, which is a 2% increase. Healthcare costs are notably higher, with an index of 110, meaning they are 10% more expensive. Miscellaneous costs are 5% lower than the average, with an index of 95. Overall, while some areas show lower costs, the higher expenses in housing and healthcare make Hammonton's cost of living notably different from the national average.