Woodcliff Lake, NJ, has a higher cost of living compared to the nationwide average. The overall cost of living index in Woodcliff Lake is 130, which is 30% higher than the national average of 100. This increase is driven by higher housing costs, which are 60% above the national average, and groceries, which are 20% higher.
Utilities, transportation, healthcare, and miscellaneous costs also exceed the national average, though by smaller margins. Utilities are 10% higher, transportation costs are 15% higher, healthcare costs are 30% higher, and miscellaneous costs are 25% higher. These figures highlight the elevated expenses that residents and job seekers should consider when evaluating life in Woodcliff Lake.
Woodcliff Lake, NJ, has a higher cost of living compared to the nationwide average. The cost of living index for housing in Woodcliff Lake is 160, which is 60% higher than the national average. This means that housing costs in Woodcliff Lake are significantly more expensive, making it a key factor for those considering relocation.
Other expenses in Woodcliff Lake also exceed the national average. Groceries cost 20% more, with an index of 120. Utilities are 10% higher at 110, while transportation costs are 15% above the average, indexed at 115. Healthcare costs are 30% higher, with an index of 130, and miscellaneous expenses are 25% more, indexed at 125. These figures highlight the overall higher expenses one might face in Woodcliff Lake compared to the rest of the country.
