Westwood, NJ, has a higher cost of living compared to the nationwide average. The overall cost of living index in Westwood stands at 120, which is 20% higher than the national average of 100. This increase is driven by elevated costs in housing, groceries, and healthcare, making it essential for job seekers to consider these factors when planning their move.
Westwood, NJ, has a higher cost of living compared to the nationwide average. Housing costs in Westwood are 35% higher than the national average, with an index of 135. This means that expenses related to renting or buying a home are significantly greater than what people might expect on average across the country. Groceries in Westwood also cost more, with an index of 120, indicating a 20% increase. This suggests that everyday food items are pricier here than in most other places.
Utilities, transportation, healthcare, and miscellaneous costs also exceed the national average. Utilities have an index of 110, which is 10% higher. Transportation costs are 15% above the average, with an index of 115. Healthcare expenses, at an index of 125, are 25% higher. Lastly, miscellaneous costs, with an index of 105, are 5% higher than the national average. These figures highlight that living in Westwood involves higher expenses across various categories compared to the nationwide average.
