Woodcliff Lake, NJ, boasts a higher cost of living compared to the nationwide average. The housing index stands at 183, which is 83% higher than the national average of 100. Other categories like groceries, utilities, and miscellaneous also exceed the national average, with indices of 105, 110, and 115, respectively. This suggests that living in Woodcliff Lake involves higher expenses across multiple sectors.
Woodcliff Lake, NJ, has a higher cost of living compared to the nationwide average. The housing index stands at 183, which is 83% higher than the national average. This means that housing costs in Woodcliff Lake are significantly more expensive than the average American city. For job seekers considering this area, it's important to budget for higher housing expenses.
Other expenses in Woodcliff Lake also reflect higher costs. Groceries are 5% higher, with an index of 105. Utilities cost 10% more, at 110, while healthcare expenses are 20% higher, at 120. Transportation costs are slightly lower, at 95, which is 5% below the national average. Miscellaneous costs are 15% higher, with an index of 115. Overall, Woodcliff Lake presents a living situation where most expenses exceed the national average.
