The cost of living index in Stratford, NJ, reveals several insights for professional job seekers considering this location. Housing costs in Stratford are 10% higher than the nationwide average, which stands at 100. This means housing in Stratford costs 110 out of 100 for the national average.
Other living expenses in Stratford also show slight variations. Groceries are 5% below the national average, utilities are 5% above, and healthcare is 2% below the average. Miscellaneous costs stand at 2% above the national average, and transportation costs are on par with the nationwide figure. These figures provide a clear comparison for those evaluating Stratford as a potential place to live and work.
The cost of living in Stratford, NJ, presents a unique comparison when measured against the nationwide average. A notable aspect is the housing index, which stands at 110. This means housing costs are 10% higher than the national average. For those considering a move, this increase can significantly impact their budget, as housing tends to be a primary expense.
Other costs also reflect variations when compared to the national average of 100. Groceries in Stratford are priced at 95, indicating they are 5% cheaper. Utilities cost 105, which is a 5% increase. Transportation remains in line with the national average at 100, offering no change in cost. Healthcare stands at 98, which is 2% below the average, potentially offering some savings for residents. Miscellaneous expenses are at 102, meaning they are 2% higher. Understanding these percentages can help job seekers make informed decisions based on their financial needs and preferences.
