Tenafly, NJ, has a higher cost of living compared to the nationwide average. The cost of living index in Tenafly stands at 125, which is 25% above the national average of 100. This increase is largely driven by housing costs, which are 60% higher than the national average. Other categories like groceries, utilities, and healthcare also show elevated costs, making Tenafly a more expensive place to live.
Tenafly, New Jersey, has a higher cost of living compared to the nationwide average. The cost of living index for Tenafly stands at 130, which is 30% higher than the national average of 100. This increase is significant, especially in housing, where the index reaches 160, indicating that housing costs are 60% higher than the national average. This higher cost of living can impact job seekers considering relocating to Tenafly, as they will need to account for these elevated expenses in their budget planning.
In addition to housing, other areas such as groceries, utilities, and healthcare also show higher costs in Tenafly. Groceries have a cost of living index of 110, which is 10% above the national average. Utilities follow closely with an index of 120, representing a 20% increase. Healthcare costs are also higher, with an index of 115, indicating a 15% rise. These factors contribute to the overall higher cost of living in Tenafly, making it essential for job seekers to consider these expenses when evaluating potential job opportunities in the area.
