Manchester Township, NJ, has a higher cost of living compared to the nationwide average. The overall cost of living index in Manchester stands at 114, which is 14% above the national average of 100. This increase is driven by higher housing costs, which are 20% above the national average, and healthcare expenses, which are 25% higher.
Despite these elevated costs, the prices for groceries, utilities, transportation, and miscellaneous items remain relatively close to the national average, with variations ranging from 5% to 15%. This data suggests that while certain expenses are notably higher in Manchester, other living costs are comparable to the national standard.
Manchester Township, NJ, shows a higher cost of living compared to the nationwide average in several key areas. The housing index stands at 120, indicating that housing costs are 20% higher than the national average. This increase suggests that potential residents might need to budget more for rent or mortgage payments. Groceries in Manchester Township also exceed the national average, with an index of 110, meaning grocery expenses are 10% higher. This could be a significant factor for families considering relocation.
Transportation costs in Manchester Township are 15% higher than the national average, with an index of 115. This means that commuting and other transportation-related expenses will be greater for those living in the area. Additionally, healthcare costs are notably higher, with an index of 125, indicating a 25% increase over the national average. This could be a crucial consideration for individuals with health needs. Despite these higher costs, the utilities index at 105 shows only a 5% increase, offering some relief in this category. Overall, while Manchester Township offers certain advantages, job seekers should be prepared for higher expenses in several important areas.
