Verona, NJ, has a higher cost of living compared to the nationwide average. The overall cost of living index in Verona stands at 115, which is 15% higher than the national average of 100. This increase is largely driven by higher housing and healthcare costs, with housing alone at 135 and healthcare at 120.
The cost of living in Verona, NJ, is notably higher than the nationwide average, which is set at 100. Housing costs in Verona stand at 135, indicating that residents pay 35% more than the average American. This significant increase in housing expenses can greatly impact the overall budget for those considering a move to Verona.
Other expenses also reflect a higher cost of living in Verona. Groceries cost 110, which is 10% more than the average. Utilities are at 105, showing a 5% increase. Healthcare costs are 120, meaning residents face 20% higher expenses in this category. Miscellaneous costs are at 115, which is 15% higher than the national average. Transportation, however, is slightly lower at 95, representing a 5% decrease. Overall, Verona's cost of living is 25% higher than the nationwide average, making it important for job seekers to consider these factors in their relocation plans.
