Living in Watchung, NJ, costs more than the nationwide average. The housing index is 45% higher, groceries are 10% higher, utilities are 5% lower, transportation costs are 5% higher, healthcare costs are 20% higher, and miscellaneous costs are 15% higher. This means many expenses in Watchung are significantly above the national average.
The cost of living index in Watchung, NJ, shows a significant difference when compared to the nationwide average, which is set at 100. Housing costs in Watchung are notably high, standing at 145. This means that housing in Watchung is 45% more expensive than the national average. For job seekers, this increase in housing costs might be a crucial factor to consider when evaluating relocation options.
Beyond housing, other living expenses in Watchung also exceed the national average. Groceries, for instance, are 10% higher at an index of 110. Utilities, however, are slightly lower than the average, with an index of 95, which translates to a 5% savings. Transportation costs are also above the national average, with an index of 105, indicating a 5% increase. Healthcare costs, another important consideration, are 20% higher at 120, while miscellaneous expenses sit at 115, showing an 15% rise. Job seekers must weigh these factors to understand the overall cost implications of living in Watchung, NJ.
