Saddle River, NJ, has a higher cost of living compared to the nationwide average. The cost of living index in Saddle River stands at 135, which is 35% higher than the national average of 100. This increase is largely driven by the housing index, which is 75% higher than the national average. Other categories like groceries, utilities, transportation, healthcare, and miscellaneous also show higher costs, though to a lesser extent.
Saddle River, New Jersey, has a higher cost of living compared to the nationwide average, which is set at 100. Housing costs in Saddle River are notably higher, with an index of 175. This means that housing expenses are 75% more expensive than the national average. For job seekers considering this area, it is important to budget significantly more for housing.
Other expenses in Saddle River also exceed the national average. Groceries, for example, have an index of 120, indicating a 20% increase in cost. Utilities are 10% higher than the average, with an index of 110. Transportation costs are also 15% higher, at 115. Healthcare costs are 30% above the average, with an index of 130. Miscellaneous expenses, such as entertainment and personal care, are 25% higher, at 125. These figures highlight the need for careful financial planning for those relocating to Saddle River.
