Westwood, NJ, has a higher cost of living compared to the nationwide average. The cost of living index in Westwood stands at 130, which is 30% higher than the national average of 100. This increase is driven by higher housing costs, which are 50% above the national average, and groceries, which are 20% higher.
Transportation and healthcare costs in Westwood are also above the national average, at 30% and 15% higher, respectively. Utilities and miscellaneous expenses are slightly above the national average, at 10% and 25% higher. Job seekers should consider these factors when evaluating living expenses in Westwood.
Westwood, NJ, has a higher cost of living compared to the nationwide average. The housing index in Westwood stands at 150, which is 50% higher than the national average. This means that housing expenses in Westwood are significantly more than what one might expect based on the average cost of living across the country. For job seekers considering Westwood, this higher housing cost is a critical factor to weigh in their budget planning.
In addition to housing, other areas also show elevated costs in Westwood. Groceries have a cost of living index of 120, which is 20% above the national average. Utilities are 10% higher at 110, while transportation costs are 30% above the average at 130. Healthcare costs are 15% higher, with an index of 115, and miscellaneous expenses are 25% higher at 125. These figures indicate that while Westwood offers certain benefits, potential residents should be prepared for higher expenses across multiple categories.
