Hammonton, NJ, has a higher cost of living compared to the nationwide average. The overall cost of living index in Hammonton is 108, which is 8% higher than the national average of 100. Housing costs are particularly elevated, standing at 120, which is 20% above the national average.
Utilities, however, are slightly below the national average, with an index of 95. This indicates that while housing and groceries are more expensive, residents might find some relief in lower utility costs. Job seekers should consider these factors when evaluating the overall affordability of living in Hammonton.
Hammonton, New Jersey, has a cost of living index that varies across different categories when compared to the nationwide average. The housing index stands at 120, indicating that housing costs in Hammonton are 20% higher than the national average. This suggests that potential residents might need to budget more for rent or mortgage payments.
Other expenses also reflect a higher cost of living. For instance, groceries cost 10% more, with an index of 110. Utilities, however, are slightly lower, with an index of 95, meaning they are 5% cheaper than the national average. Transportation costs are 5% higher, at an index of 105, while healthcare costs remain on par with the national average at 100. Miscellaneous expenses, like entertainment and personal care, are 15% higher, with an index of 115. Overall, Hammonton presents a cost of living that is generally higher than the national average, particularly in housing and groceries.