The cost of living index in Stratford, NJ, reveals that housing prices are 5% higher than the nationwide average. Grocery, utility, transportation, and miscellaneous expenses also show slight increases, with healthcare standing at 10% above the average. This data suggests that while some costs in Stratford are comparable to the national average, certain areas like healthcare exhibit a noticeable premium.
The cost of living in Stratford, NJ, shows variations when compared to the nationwide average, which is set at 100. Housing costs in Stratford stand at 105, which means they are 5% higher than the national average. This higher expense is due to the demand and limited supply of housing options in the area.
On the other hand, groceries in Stratford cost 98, which is 2% less than the average. This presents a small advantage for those living in Stratford. Utilities, including electricity, gas, and water, cost 102 in Stratford, slightly above the average. Transportation costs in Stratford are 97, indicating a 3% saving compared to the national average. Healthcare costs are notably higher, with an index of 110, meaning they are 10% more expensive than average. Miscellaneous costs, which include items like entertainment and personal care, are at 101, just 1% above the average. Overall, Stratford offers some savings in groceries and transportation but has higher costs in housing and healthcare.
