Randolph, NJ, shows a higher cost of living across most categories compared to the nationwide average of 100. Housing stands at 130%, meaning housing costs are 30% above the national average. Utilities also rise, with costs at 110%, translating to a 10% increase.
Groceries cost 105%, slightly higher than average, while transportation expenses are 20% above the norm at 120%. Healthcare costs in Randolph reach 115%, reflecting an increase of 15%. Miscellaneous costs remain on par with the national average at 100%.
Randolph, NJ, exhibits a cost of living that significantly varies from the nationwide average, which is indexed at 100. Among the major categories, housing stands out with an index of 130. This indicates that housing costs in Randolph are 30% higher than the national average. Randolph's housing market is evidently more expensive, making it a crucial consideration for potential residents and job seekers.
Other expenses also show a higher cost in Randolph. For instance, groceries have a cost of living index of 105, which is 5% above the national average. Utilities cost 10% more, with an index of 110, and transportation expenses are 20% higher, indexed at 120. Healthcare costs in Randolph are 15% higher than the national average, with an index of 115. On the other hand, miscellaneous costs in Randolph align with the national average, indexed at 100. This data provides a comprehensive view of how the cost of living in Randolph compares to the rest of the country, guiding professionals and families in their decision-making process.
