Northfield, NJ, shows a higher cost of living compared to the nationwide average in several key areas. Housing costs, for example, are 35% higher, reflecting the regional real estate market dynamics. Groceries also cost 10% more, with utilities at 5% higher, and healthcare expenses about 15% above average.
These increased costs mean job seekers must consider these factors when evaluating job opportunities. The overall cost of living in Northfield, NJ, stands at 123, which is 23% higher than the nationwide average of 100.
Northfield, NJ, presents a cost of living that is generally higher than the nationwide average. Job seekers will notice that the housing index in Northfield is 135, which is 35% higher than the national average of 100. This elevated housing cost could significantly impact the monthly expenses for those looking to rent or buy in the area.
In addition to housing, other expenses in Northfield also surpass the national figures. Groceries show an index of 110, marking a 10% increase. Utilities stand at 105, reflecting a 5% rise. Healthcare costs are 15% higher, with an index of 115, and miscellaneous expenses show a 20% increase at 120. These statistics provide a clear picture of the financial considerations one might face when planning to move to Northfield, NJ.
