Maple Shade, NJ, has a higher cost of living compared to the nationwide average. The overall cost of living index in Maple Shade stands at 108, which is 8% higher than the national average of 100. Housing costs are particularly elevated, with an index of 120, indicating a 20% increase over the national average. This suggests that potential residents should consider these higher expenses when planning their budget.
Maple Shade, NJ, presents a cost of living that is notably higher than the nationwide average. The housing index in Maple Shade stands at 120, which is 20% higher than the average cost of living index of 100. This means that housing expenses in Maple Shade are significantly more expensive compared to the rest of the country. Additionally, the transportation index in Maple Shade is 110, indicating an 10% increase over the national average. This suggests that residents will spend more on commuting and vehicle-related costs.
Other areas such as groceries, utilities, healthcare, and miscellaneous expenses also show a slight increase over the national average. The grocery index is at 102, which is a 2% increase. Utilities are at 95, showing a 5% decrease, while healthcare costs are at 105, reflecting a 5% increase. Miscellaneous expenses are at 103, which is a 3% increase. Overall, Maple Shade's cost of living is higher in most categories, making it important for job seekers to consider these factors when planning their move.