Washington Township, NJ, shows a higher cost of living compared to the nationwide average. Housing costs are 20% higher, while groceries are 5% higher. Utilities, healthcare, and miscellaneous expenses also exceed the national average by 10%, 15%, and 8%, respectively. However, transportation costs are 5% lower than the national average.
The cost of living in Washington Township, NJ, shows some variations when compared to the nationwide average. Housing costs in Washington Township stand at 120, which is 20% higher than the national average. This means that residents will need to allocate a significant portion of their budget to housing expenses. Groceries in the area are priced at 105, reflecting a 5% increase over the national average. This slight increase suggests that food costs are relatively manageable for those living in Washington Township.
Utilities in Washington Township are priced at 110, which is 10% above the national average. This indicates that residents may face higher energy bills compared to the rest of the country. Transportation costs, however, are slightly lower, with an index of 95, meaning they are 5% below the national average. Healthcare costs are also higher, with an index of 115, indicating a 15% increase over the national average. Miscellaneous expenses, with an index of 108, show an 8% rise compared to the national average. Overall, while some areas like transportation offer relief, the higher costs in housing, utilities, healthcare, and groceries make Washington Township more expensive than the national average.