Raritan, NJ, has a higher cost of living compared to the nationwide average. The overall cost of living index in Raritan stands at 123, which is 23% above the national average of 100. This increase is driven by higher housing costs, which are 50% above the national average, and groceries, which are 20% higher.
Utilities, transportation, healthcare, and miscellaneous expenses also exceed the national average, though by smaller margins. Utilities are 10% higher, transportation costs are 5% higher, healthcare costs are 15% higher, and miscellaneous expenses are 30% higher. These figures highlight the importance of considering the cost of living when relocating to Raritan, NJ.
The cost of living in Raritan, NJ, is notably higher than the nationwide average, which is set at 100. Housing costs in Raritan stand at 150, indicating that residents pay 50% more than the national average. This significant increase can impact budgets, especially for those with fixed incomes. Groceries in Raritan also exceed the national average, with an index of 120, meaning groceries are 20% more expensive than in other parts of the country.
Utilities in Raritan are 110, which is 10% higher than the national average. Transportation costs are slightly above average, with an index of 105, indicating a 5% increase. Healthcare costs in Raritan are 115, which is 15% higher than the national average. Miscellaneous expenses also show a rise, with an index of 130, meaning these costs are 30% higher than the national average. These figures highlight the higher expenses that residents face in Raritan compared to the rest of the country.
