Maplewood, NJ, has a higher cost of living compared to the nationwide average. The overall cost of living index in Maplewood stands at 115, which is 15% higher than the national average of 100. This increase is driven by higher housing costs, which are 25% above the average, and healthcare expenses, which are 20% higher.
Job seekers should consider these factors when evaluating potential relocation to Maplewood. The cost of housing and healthcare will notably impact their budget, making it essential to plan accordingly.
Maplewood, NJ, exhibits a cost of living that is notably higher than the nationwide average. The housing index in Maplewood stands at 125, which is 25% above the national average. This indicates that housing expenses in Maplewood are significantly higher, making it a key factor for potential residents to consider. Groceries in Maplewood also reflect a higher cost, with an index of 105, which is 5% above the average. This suggests that everyday food expenses are slightly elevated compared to the rest of the country.
Utilities in Maplewood are priced at 110, which is 10% higher than the national average. This means that residents can expect to pay more for essential services like electricity, gas, and water. Transportation costs in Maplewood are also above average, with an index of 115, indicating a 15% increase. This higher cost can impact daily commutes and overall travel expenses. Healthcare costs in Maplewood are at 120, which is 20% higher than the average. This elevated cost can be a significant consideration for those planning to relocate. Lastly, miscellaneous expenses in Maplewood are at 110, also 10% above the national average. These factors combined paint a clear picture of the higher living costs in Maplewood, NJ.