The cost of living in Wanaque, NJ, exceeds the nationwide average by 15%. This increase is due to higher housing costs, which are 20% above the national average. Other expenses like groceries and utilities also show a slight rise, making Wanaque more expensive overall.
The cost of living in Wanaque, NJ, shows some differences when compared to the nationwide average. Housing costs in Wanaque are 20% higher than the national average, with an index of 120. This means that expenses related to renting or buying a home are significantly more in Wanaque. Groceries also cost more, with an index of 105, which is 5% higher than the average.
Utilities in Wanaque are 10% above the national average, with an index of 110. This includes costs for electricity, gas, water, and other utilities. Transportation costs are slightly lower, with an index of 95, which is 5% below the average. Healthcare costs are 15% higher, with an index of 115, indicating that medical expenses are more expensive in Wanaque. Miscellaneous costs, which include things like entertainment and personal care, are 2% higher than the average, with an index of 102.
