Westampton, NJ, shows a higher cost of living in several categories compared to the nationwide average, which is set at 100. Housing costs are 20% higher, while groceries cost 5% more. Utilities, transportation, healthcare, and miscellaneous items also display slight increases over the average.
Despite these increases, Westampton's overall cost of living remains competitive. For example, utilities are only 5% below the average, and healthcare costs match the national average. This balance makes Westampton an attractive option for those looking for manageable living expenses with certain areas of higher cost.
Westampton, New Jersey has a cost of living index that is higher than the nationwide average in several key areas. Housing in Westampton is 20% above the average, which means that finding a place to live costs about one-fifth more than it does in the rest of the country. This higher housing index could affect those planning to buy or rent homes in the area. Groceries also cost more, with the index at 5% above the average, making everyday food shopping slightly pricier than elsewhere.
Utilities, transportation, healthcare, and miscellaneous costs in Westampton are generally closer to the nationwide average. Utilities are 5% below the national average, which could offer some relief for residents. Transportation costs are 10% higher, while healthcare costs stay in line with the national average. Miscellaneous costs are just 2% above the average, meaning small, everyday expenses are nearly on par with other places. This balanced mix of higher and lower costs gives a nuanced view of the financial landscape in Westampton.