New Jersey 

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Cost of Living in New Jersey

New Jersey is known for having a high cost of living compared to other states in the US. The median household income in New Jersey is among the highest in the nation, however, due to its higher taxes and prices, it can be difficult for many to achieve financial stability. Housing costs are considerably high, with the median home costing around $310,000; transportation costs are also high due to long commutes and limited public transit options. Groceries are slightly more expensive than average, as well as health care and childcare costs. Despite its relatively high cost of living, New Jersey offers some of the best education and employment opportunities that come along with living in an urban area.

Our cost of living indices are based on a US average of 100. An amount below 100 means New Jersey is cheaper than the US average. A cost of living index above 100 means New Jersey, New Jersey is more expensive.

New Jersey cost of living is 119.8

COST OF LIVINGNew JerseyUnited States
  119.8100
  105.8100
  96.9100
  136.4100
  $432,100$338,100
  109.2100
  127.7100
  112.5100
100=National Average
AVERAGE RENT BY BEDROOM SIZE
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    Reviews for New Jersey    121 Reviews
    Horrible weather , high taxes .corrupt politician - 4/30/2020
    On average, there are 206 sunny days per year in New JerseyWhere the heck did they get that from ..It's ALWAYS raining or cloudy in NJ. Last 2 years we had the same... Read More

    Start Your Review of New Jersey


    New Jersey after 10 years of residency. - 7/24/2019
    I have lived in New Jersey for 10 years and its has been very tough to get by, high cost of food, High tax, Rent on average is about 1900 a month, housing costs for a... Read More

    Expensive - 2/14/2016
    Property Taxes are crazy... Read More


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    MAPS OF NEW JERSEY
    New Jersey
    ZIP CODES IN NEW JERSEY
    08701, 07055, 07087, 07002, 07305, 07093, 07047, 08753, 08901, 08854, ... 595 more

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