The cost of living in Hawthorne, NJ, exceeds the nationwide average by 10%. Housing costs are the highest, at 110, while healthcare costs are the lowest, at 97. Overall, the cost of living index in Hawthorne stands at 103, indicating a 3% increase compared to the national average of 100.
The cost of living index in Hawthorne, NJ, reveals some interesting insights when compared to the nationwide average, which is set at 100. Housing costs in Hawthorne are slightly below the national average, with an index of 95. This means that housing expenses in Hawthorne are 5% less than the average cost across the country. For job seekers, this could translate into more affordable living conditions, allowing for a greater portion of their income to be allocated to other necessities or savings.
When it comes to groceries, Hawthorne shows a higher cost index of 105. This indicates that grocery prices in Hawthorne are 5% above the national average. While this might be a consideration for those on a budget, it is important to weigh this against other lower costs, such as housing. Utilities in Hawthorne, with an index of 98, are nearly on par with the national average, suggesting minimal difference in these expenses. Transportation costs are slightly higher, at 102, meaning they are 2% more than the national average. Healthcare costs, however, remain at par with the national average, offering no significant advantage or disadvantage. Miscellaneous expenses, with an index of 107, are 7% higher than the national average, which could be a factor to consider for those planning to move to Hawthorne.