The cost of living index in Little Falls, NJ, shows that housing costs are 20% higher than the nationwide average. This increase reflects higher expenses in areas like groceries, transportation, and healthcare, which are 10% to 25% above the national average. Utilities and miscellaneous costs remain close to the national average, with slight variations.
The cost of living in Little Falls, NJ, shows some notable differences compared to the nationwide average. Housing costs in Little Falls stand at 120, which is 20% higher than the national average. This increase suggests that finding affordable housing may be more challenging for residents. Groceries in Little Falls are priced at 110, reflecting an 11% rise over the national average. This means that grocery shopping costs are slightly higher than what one might expect on a national scale.
Utilities in Little Falls are at 105, which is 5% above the average. This indicates that while utility costs are not drastically higher, they still require a bit more budget planning. Transportation costs in Little Falls are at 115, showing a 15% increase over the national average. This suggests that commuting and other transportation needs may cost more than in other areas. Healthcare costs in Little Falls are notably higher at 125, which is 25% above the average. This significant increase highlights that healthcare expenses are a major consideration for those living in the area. Miscellaneous costs in Little Falls are at 102, which is 2% higher than the national average. Overall, while some costs in Little Falls are close to the national average, others show a noticeable increase, particularly in housing, healthcare, and transportation.