Northvale, NJ, shows a higher cost of living compared to the nationwide average. The overall cost of living index in Northvale stands at 108, which is 8% higher than the national average of 100. Housing costs in Northvale are particularly elevated, with an index of 117, indicating a 17% increase over the average. This suggests that job seekers considering Northvale should account for these higher living expenses in their budget planning.
Northvale, New Jersey, shows a cost of living index that is higher than the nationwide average in several key areas. Housing costs in Northvale stand at 117, which is 17% above the national average. This means that housing expenses in Northvale are significantly higher than what most people pay across the country. Groceries, another essential expense, are also higher, with an index of 102, reflecting a 2% increase over the national average.
Utilities in Northvale are priced at 110, which is 10% higher than the nationwide average. Transportation costs are slightly above the average, with an index of 106, indicating a 6% increase. Healthcare costs in Northvale are close to the national average, at 103, which is a 3% increase. Miscellaneous expenses also show a slight increase, with an index of 108, which is 8% higher than the national average. Overall, Northvale presents a cost of living that is notably higher in several important areas compared to the national average.