Northfield, NJ, shows a higher cost of living compared to the nationwide average. The overall cost of living index in Northfield stands at 108%, reflecting a modest 8% increase over the national average of 100. Housing costs lead the way, with an index of 120%, indicating a 20% rise above the national average. This suggests that prospective residents should consider these factors when planning their move to Northfield.
Northfield, New Jersey, has a higher cost of living compared to the nationwide average, which is set at 100. Housing costs in Northfield are notably higher, with an index of 120. This means housing expenses are 20% more than the national average. For job seekers, this could mean higher rent or mortgage payments, which is a significant factor to consider when planning a move.
Other expenses in Northfield also tend to exceed the national average. Groceries have a cost of living index of 105, indicating a 5% increase over the average. Transportation costs are 10% higher, with an index of 110. Healthcare costs are also elevated, with an index of 115, meaning 15% more than the national average. These higher costs in essential areas can impact the overall budget for those relocating to Northfield.
