Kearny, NJ, shows a higher cost of living compared to the nationwide average. Housing costs are 10% higher, groceries 5% higher, transportation 10% higher, healthcare 20% higher, and miscellaneous expenses 2% higher. Overall, the cost of living index in Kearny stands at 108, indicating an 8% increase from the national average of 100.
The cost of living in Kearny, NJ, shows some notable differences when compared to the nationwide average. Housing costs are 10% higher, with an index of 110. This means that housing expenses in Kearny are more expensive than the national average. Groceries also cost 5% more, with an index of 105. This indicates that buying food in Kearny is slightly pricier than the average across the country.
Utilities, however, remain at par with the national average, with an index of 100. This suggests that the cost for services like electricity and water is the same as the nationwide average. Transportation costs are 10% higher, with an index of 110. This shows that getting around Kearny can be more expensive than in other parts of the country. Healthcare costs are significantly higher, at 20% above the national average, with an index of 120. This means that medical expenses in Kearny are more costly than elsewhere. Miscellaneous costs are 2% higher, with an index of 102. This indicates that other expenses in Kearny are slightly more than the average.
