The cost of living in Rutherford, NJ, exceeds the nationwide average across most categories. Housing costs are notably higher at 150, which is 50% above the national average. Similarly, groceries, utilities, healthcare, and miscellaneous expenses are all around 10-30% above the average, with transportation costs slightly below average at 105.
Specifically, Rutherford's overall cost of living stands at 120, indicating a 20% increase from the national average. This suggests that job seekers must consider these higher costs when planning their budgets in Rutherford.
Rutherford, NJ, shows a cost of living index that exceeds the nationwide average in several key areas. Housing costs stand at 150, indicating that expenses for renting or buying homes are 50% higher than the national average. This elevated housing index suggests that potential residents should budget more for their living space. Additionally, the grocery index in Rutherford is 110, reflecting a 10% increase over the national standard. This means that grocery expenses will be slightly higher than average, necessitating careful planning for food costs.
When examining other aspects, Rutherford's utilities index is at 120, showing a 20% rise compared to the national average. This means that residents will spend more on electricity, gas, water, and other utilities. Transportation costs are slightly below the average, with an index of 105, indicating a modest 5% increase. Health care expenses in Rutherford also show an above-average index at 115, pointing to a 15% higher cost for medical services. Finally, the miscellaneous index of 130 suggests that everyday expenses for items like clothing, entertainment, and personal care are 30% higher than the national norm. These metrics show that while some costs in Rutherford are manageable, housing, groceries, and utilities require higher budgets.