Hillsborough, NJ, has a higher cost of living compared to the nationwide average. The overall cost of living index in Hillsborough stands at 120, which is 20% higher than the national average of 100. This increase is driven by higher housing costs, which are 50% above the national average.
Other expenses, such as groceries, utilities, healthcare, and miscellaneous items, also exceed the national average. For example, groceries cost 10% more, while utilities and healthcare are 20% higher. Transportation costs are slightly above average at 5%. Job seekers should consider these factors when evaluating living expenses in Hillsborough.
Hillsborough, NJ, has a higher cost of living compared to the nationwide average, which is set at 100. The housing index in Hillsborough stands at 150, indicating that housing costs are 50% higher than the national average. This significant increase can impact potential residents' budgets, making it essential to consider these higher expenses when planning a move.
Other areas also show elevated costs in Hillsborough. For instance, groceries cost 10% more, with an index of 110. Utilities are 20% higher, at 120, while healthcare costs 15% more, with an index of 115. Transportation costs are slightly above average, at 105, which is 5% higher. Miscellaneous expenses also reflect a 30% increase, with an index of 130. These figures highlight the overall higher cost of living in Hillsborough, NJ, compared to the national average.
