The cost of living in Stratford, NJ, exceeds the nationwide average in several key areas. Housing costs are 20% higher, while groceries and transportation are 5% and 10% higher, respectively. Utilities, healthcare, and miscellaneous expenses are slightly below the national average, with utilities at 5% lower and healthcare and miscellaneous items at 2% lower.
The cost of living in Stratford, NJ, shows some notable differences when compared to the nationwide average. Housing costs in Stratford stand at 120, which is 20% higher than the national average. This means that housing expenses for residents in Stratford are significantly steeper, potentially impacting overall living costs.
Other areas also reflect variations. For instance, groceries in Stratford are priced at 105, which is 5% above the average. Transportation costs are at 110, indicating an 10% increase. Utilities, however, are slightly lower, with an index of 95, meaning they are 5% cheaper than the national average. Healthcare costs remain on par with the average at 100. Miscellaneous expenses are also close to the average, with an index of 102, showing a modest 2% increase. These figures provide a clear picture of where Stratford stands in terms of cost of living compared to the rest of the country.