Northvale, NJ, shows a higher cost of living compared to the nationwide average. The overall cost of living index in Northvale is 118, which is 18% higher than the national average of 100. This increase is driven by higher housing costs, which are 45% above the national average. Other categories like groceries, healthcare, and miscellaneous expenses also exceed the national average, contributing to the elevated cost of living in Northvale.
Northvale, NJ, shows a higher cost of living compared to the nationwide average, which is set at 100. Housing costs in Northvale are notably higher, with an index of 145. This means that housing expenses are 45% more than the national average. For job seekers considering Northvale, this could significantly impact their budget if they are looking to rent or buy a home.
Other areas also show increased costs. Groceries in Northvale have an index of 110, which is 10% higher than the average. Utilities, however, are slightly below the national average at 95, meaning they are 5% cheaper. Transportation costs are 5% higher at 105, while healthcare costs are 20% higher at 120. Miscellaneous expenses are also 15% higher at 115. These figures suggest that while some aspects of living in Northvale are more affordable, others are significantly more expensive.
