Turnersville, NJ, shows a cost of living index that surpasses the nationwide average. The overall cost of living index for Turnersville stands at 106, reflecting a 6% increase compared to the national average of 100. This means residents generally spend a bit more on living expenses.
Housing costs in Turnersville are particularly high, with an index of 118, which is 18% above the national average. This indicates that housing expenses are a significant driver of the overall higher cost of living in Turnersville. Other categories like groceries and healthcare also show slight increases, contributing to the elevated cost of living.
The cost of living in Turnersville, New Jersey, shows that residents face certain expenses that are higher than the nationwide average. Housing costs, for instance, are 18% higher than the average. This means that people in Turnersville need to spend more on their homes compared to other areas in the country. Groceries also cost 5% more, which can add up over time for families. Utilities, however, are slightly lower, at 2% below the national average. This small difference can help offset some of the higher housing and grocery costs.
Transportation costs in Turnersville are also slightly lower than the nationwide average, at 5% less. This could offer some relief for those who spend a lot on commuting. Healthcare costs remain fairly close to the national average, with only a 7% increase. Miscellaneous expenses, like entertainment and personal care, are also slightly higher, at 2% above the average. Overall, while some areas show increased costs, others provide a bit of balance, making the cost of living in Turnersville relatively competitive.