Rockaway, NJ, has a higher cost of living compared to the nationwide average. The housing index stands at 120%, which is 20% above the national average. Additionally, groceries at 110% and miscellaneous expenses at 115% also contribute to this elevated cost. Other indices, like utilities at 95% and healthcare at 100%, show a slight decrease or parity with the national average. Transportation costs, at 105%, are only marginally higher. Overall, Rockaway, NJ, presents a cost of living that is generally 15% above the national benchmark.
Rockaway, NJ, showcases a cost of living that is notably higher than the nationwide average, which is set at 100. Housing costs in Rockaway are approximately 20% higher than the national average, making this category the most expensive. Specifically, the housing index in Rockaway stands at 120, indicating a significant investment is required for residents seeking homes or renting properties.
When considering other essential expenses, Rockaway's cost of living remains elevated but not as dramatically as housing. Groceries, for instance, are about 10% more than the national average, with an index of 110. Utilities costs are slightly lower than the average at 95, offering some relief. Transportation expenses are around 5% above the national average, indexed at 105, while healthcare costs align closely with the average at 100. Miscellaneous expenses also reflect a modest increase, with an index of 115. Overall, Rockaway presents a living environment where higher-than-average costs are the norm, particularly for housing and groceries.
