Hazlet, NJ, has a higher cost of living compared to the nationwide average, with an index of 108. Housing costs stand at 120, which is 20% higher than the national average of 100. The prices for groceries and utilities also exceed the average, standing at 105 and 110, respectively. This suggests that job seekers need to consider these higher costs when relocating to Hazlet.
Hazlet, NJ, stands out with a cost of living that reflects several key areas above the national average. Housing costs in Hazlet are 20% higher than the nationwide average, with an index of 120. This means residents can expect to spend more on rent or mortgage payments compared to the average American. Groceries in Hazlet also run 5% above the national average, indexed at 105. This indicates slightly higher prices for food items in this area.
Additionally, utilities in Hazlet are 10% over the national average, with an index of 110. This higher cost affects residents' monthly bills for electricity, gas, water, and other essential services. The healthcare index in Hazlet stands at 115, showing a 15% increase over the national average. This suggests that healthcare-related expenses might be a bit more expensive for residents. Transportation costs in Hazlet, however, are 5% below the national average, indexed at 95, offering a slight relief. Miscellaneous expenses in Hazlet mirror the national average closely, with an index of 102, reflecting a minimal 2% increase. These varied cost differences make Hazlet a place where specific areas of spending can be notably higher, while others remain fairly aligned with national trends.
