Jackson Heights, NY, shows a higher cost of living compared to the nationwide average. Housing costs are notably higher, with an index of 160, indicating a 60% increase over the national average. Additionally, groceries, utilities, transportation, healthcare, and miscellaneous expenses also exceed the national average by 20%, 10%, 15%, 30%, and 25%, respectively.
The overall cost of living index in Jackson Heights stands at approximately 125, which is 25% higher than the nationwide average of 100. This significant difference highlights the need for job seekers to consider the financial implications of relocating to this area.
Jackson Heights in New York has a higher cost of living compared to the national average, which is set at 100. Housing in Jackson Heights is 60% more expensive than the national average, with an index of 160. This means that housing costs here are significantly higher, potentially impacting the budget for those relocating.
Utilities in Jackson Heights stand at an index of 110, which is 10% above the national average. Other areas such as groceries, transportation, healthcare, and miscellaneous expenses also show a similar trend. Groceries are 20% higher, with an index of 120, while transportation costs 15% more, at 115. Healthcare expenses are 30% higher, reflected in an index of 130. Miscellaneous expenses, which include things like entertainment and personal care, are 25% higher than the national average, with an index of 125. These figures highlight the need for careful financial planning for anyone considering moving to Jackson Heights.
