Manchester Township, NJ, shows a higher cost of living compared to the nationwide average. The overall cost of living index in Manchester stands at 106, which is 6% above the national average of 100. This increase is primarily driven by higher housing and transportation costs, which are 10% and 8% above the national average, respectively.
Despite these higher costs, the expenses for groceries, utilities, healthcare, and miscellaneous items remain relatively close to the national average, ranging from 2% to 5% above it. This balanced distribution suggests that while some areas are more expensive, others are comparable to the national figures.
Manchester Township, NJ, shows a higher cost of living compared to the nationwide average in several key areas. Housing costs in Manchester are 10% higher than the national average, with an index of 110. This means that the price of renting or buying a home in Manchester is significantly higher than what one might expect on a national scale. Groceries also cost more, with a 5% increase, making everyday food purchases more expensive. This trend continues with transportation costs, which are 8% higher than the national average.
Utilities and healthcare in Manchester Township are slightly more affordable. Utilities have a cost of living index of 95, which is 5% lower than the national average. This provides some relief for residents. Healthcare costs are slightly above the national average, with a 2% increase. Miscellaneous costs, which include items like entertainment and personal care, are 7% higher than the average. Overall, while some areas offer slight savings, the higher costs in housing, groceries, and transportation make Manchester Township more expensive to live in compared to the national average.