Hazlet, NJ, shows a higher cost of living compared to the nationwide average. The cost of living index in Hazlet stands at 109, which is 9% above the average of 100. This increase is largely due to higher housing costs, which are 34% above the national average. Other categories like groceries, utilities, and healthcare also show slight increases, making Hazlet a bit more expensive overall.
The cost of living in Hazlet, NJ, compared to the nationwide average, shows some notable differences. Housing costs in Hazlet are 34% higher than the national average, with an index of 134. This means that housing expenses, such as rent or mortgage payments, are significantly more expensive for residents in Hazlet. Groceries also cost more, with an index of 110, indicating a 10% increase over the national average. This suggests that everyday food items are pricier in Hazlet.
Utilities in Hazlet are slightly above the national average, with an index of 104, representing a 4% increase. Transportation costs are nearly on par with the national average, at 102, showing a 2% increase. Healthcare costs are slightly higher, with an index of 108, indicating an 8% increase. Miscellaneous expenses, such as entertainment and personal care, also show a 12% increase, with an index of 112. Overall, while some costs in Hazlet are comparable to the national average, housing and groceries stand out as significantly more expensive.