Hazlet, NJ, shows a higher cost of living compared to the nationwide average. The cost of living index in Hazlet stands at 108, which is 8% above the national average of 100. This increase is largely driven by higher housing costs, which are 20% higher than the average. Other categories like groceries and healthcare also exceed the national average, contributing to the overall higher cost of living in Hazlet.
Hazlet, NJ, presents a cost of living that is notably higher than the nationwide average. Housing costs in Hazlet stand at 120, which is 20% above the average. This means that expenses related to renting or buying a home in Hazlet are significantly higher than what one might expect to pay in other parts of the country. Groceries also show a rise, with a cost of living index of 110, indicating that food expenses are 10% higher than the national average.
Utilities in Hazlet are slightly above the average, with an index of 105, reflecting a 5% increase. Transportation costs are relatively lower, with an index of 95, which means they are 5% below the national average. Healthcare costs are also higher, with an index of 115, showing a 15% increase. Miscellaneous expenses, which include items like clothing and entertainment, are at 103, indicating a modest 3% increase. Overall, Hazlet's cost of living is higher than the national average in most categories, making it important for job seekers to consider these factors.