Randolph, NJ, shows a higher cost of living compared to the nationwide average. The overall cost of living index in Randolph stands at 118, which is 18% above the national average of 100. This increase is driven by higher housing costs, which are 30% higher than the average, and transportation costs, which are 20% higher.
While other categories like groceries, utilities, healthcare, and miscellaneous expenses also exceed the national average, they do so by smaller margins. Groceries are 15% higher, utilities 10% higher, healthcare 5% lower, and miscellaneous expenses 25% higher. This data suggests that job seekers considering Randolph should be aware of these elevated costs, especially in housing and transportation.
Randolph, NJ, has a higher cost of living compared to the nationwide average. The cost of living index for housing in Randolph is 130, which is 30% higher than the average. This means that housing costs in Randolph are significantly more expensive than the national average. For groceries, the index is 115, indicating a 15% increase over the average. This suggests that residents will spend more on food items than the average American.
Additionally, the cost of utilities in Randolph stands at 110, which is 10% above the national average. Transportation costs are also higher, with an index of 120, meaning they are 20% more expensive. Healthcare costs are slightly below the average, with an index of 105, indicating a 5% decrease. Miscellaneous expenses have an index of 125, showing a 25% increase over the average. Overall, Randolph's cost of living is notably higher in several key areas compared to the national average.
