The cost of living index in Wanaque, NJ, shows a 12.5% increase in housing costs compared to the nationwide average. This is due to the housing index of 125, while the nationwide average stands at 100. Other expenses such as groceries, utilities, transportation, healthcare, and miscellaneous goods and services are also above the national average, though to a lesser extent. This suggests that living in Wanaque might involve higher costs in certain areas, particularly housing.
Job seekers considering a move to Wanaque, New Jersey, should take note of the local cost of living, which often exceeds the nationwide average. Housing costs in Wanaque stand at 25% higher than the national average, making this a significant factor to consider for potential residents. The housing index in Wanaque is 125, while the national index is 100.
Other expenses also present a similar trend. Groceries cost about 10% more in Wanaque, with an index of 110 compared to the nationwide average of 100. Transportation costs are 5% higher, with an index of 105. Healthcare costs are also up, with an index of 115, which is 15% above the average. Utilities, however, remain close to the national average, with an index of 95, indicating a slight decrease of 5%. Miscellaneous costs are on par with the nationwide average at 100. These numbers paint a clear picture of what to expect when moving to Wanaque, helping job seekers make informed decisions about their next career move.
