Northvale, NJ, has a higher cost of living than the nationwide average. The overall cost of living index for Northvale stands at 114, which is 14% higher than the average. Housing costs drive this increase the most, with an index of 130, nearly 30% over the national average. This suggests potential higher expenses for housing, which is a significant consideration for job seekers evaluating this area.
Northvale, NJ, has a higher cost of living compared to the nationwide average, which is set at 100. The housing index stands at 130, indicating that it costs 30% more to live in Northvale compared to the national average. This means that housing expenses for residents are significantly higher, making it an important consideration for those moving to or considering a move to Northvale.
The grocery costs in Northvale also exceed the national average, with an index of 115. This indicates a 15% increase in grocery expenses for Northvale residents. Additionally, utility costs are 10% higher, with an index of 110, while transportation costs are slightly above average at 5%. Healthcare costs are 20% higher than the national average, with an index of 120, which is another factor to weigh in when considering the overall cost of living in Northvale. However, miscellaneous expenses are lower in Northvale, with an index of 95, meaning these costs are 5% below the national average.
