Northfield, NJ, has a higher cost of living compared to the nationwide average, with an overall index of 115. This means that living expenses in Northfield are 15% higher than the national average. Specifically, housing costs are 37% above the average, while groceries, healthcare, and miscellaneous expenses are also notably higher. Utilities and transportation costs are slightly below the national average, offering some relief for residents.
Northfield, NJ, has a higher cost of living compared to the nationwide average, which is set at 100. Housing costs in Northfield are 37% higher than the national average, with an index of 137. This means that expenses related to renting or buying a home are significantly more in Northfield. Groceries, another essential expense, are 10% higher, with an index of 110. This indicates that food costs are also above the national average.
Utilities in Northfield are slightly below the national average, with an index of 95, meaning they are 5% cheaper. Transportation costs are 6% higher, with an index of 106, showing that commuting and vehicle expenses are somewhat elevated. Healthcare costs are 20% higher, with an index of 120, indicating that medical expenses are more in Northfield. Miscellaneous costs are 15% higher, with an index of 115, reflecting additional expenses like entertainment and personal care. Overall, Northfield presents a higher cost of living in most areas compared to the national average.