Raritan, NJ, has a higher cost of living compared to the nationwide average. The overall cost of living index in Raritan is 116, which is 16% higher than the national average of 100. Housing costs in Raritan are notably higher, with an index of 145, representing a 45% increase over the national average. This suggests that job seekers should consider these elevated costs when planning their relocation to Raritan.
The cost of living in Raritan, NJ, shows some significant differences compared to the nationwide average. Housing costs are notably higher, with an index of 145. This means housing expenses are 45% higher than the national average. For job seekers considering Raritan, this could be a major factor in their budget planning.
Other expenses also vary from the national average. Groceries in Raritan have a cost of living index of 110, which is 10% higher than the average. Utilities are slightly lower, with an index of 95, meaning they are 5% cheaper. Transportation costs are 20% higher, with an index of 120. Healthcare costs are 15% higher, at an index of 115. Miscellaneous expenses are 5% higher, with an index of 105. These variations can impact overall living costs and should be considered by anyone relocating to Raritan.