Marlboro, NJ, has a higher cost of living compared to the nationwide average. The cost of living index in Marlboro stands at 120, which is 20% higher than the national average of 100. This increase is particularly noticeable in housing, where the index is 40% higher than the national average.
Job seekers should consider these elevated costs when planning their relocation to Marlboro. The higher expenses in housing and healthcare may significantly impact their budget. Understanding these figures can help individuals make informed decisions about their financial planning in Marlboro.
Marlboro, NJ, has a higher cost of living compared to the nationwide average, which is set at 100. Housing costs in Marlboro are notably 40% higher, with an index of 140. This means that expenses related to renting or buying a home are significantly greater than the national average. For groceries, the cost is 10% higher, with an index of 110, indicating that everyday food purchases are more expensive in Marlboro.
Utilities in Marlboro are 5% above the national average, with an index of 105. This includes costs for electricity, gas, water, and other essential services. Transportation costs are also 15% higher, with an index of 115, reflecting the increased expense of commuting and owning a vehicle. Healthcare costs are 25% higher, with an index of 125, showing that medical services and insurance are more costly in Marlboro. Miscellaneous expenses, with an index of 120, are 20% higher, covering a range of other living costs such as entertainment and personal care.
