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One of the only downsides of moving to New Jersey is the high cost of living. It costs about 20% more than the national average to live there. But if youre on a budget, you can relocate to a more affordable part of the Garden State to save money.
What is New Jersey Famous For? Atlantic City Boardwalk. Cape May. High Point State Park. Trenton. Six Flags Great Adventure. Ocean City beaches. Ellis Island. Thomas Edison National Historical Park.
What is New Jersey Famous For? New Jersey is world famous for its boardwalk beaches and Atlantic City s. These main attractions help the city draw 27 million tourists every year.
The studys researchers factored in each states cost-of-living index using $105,000 as the benchmark, noting that the income level is ideal for those living in North America. The statistics were then compiled by least amount to most amount needed. New Jersey ranked 39th in the list, requiring $120,960 to be happy.
The cost of living in New Jersey is 13% higher than the national average. Housing is 31% higher than the national average, while utilities are 8% higher. When it comes to basic necessities such as food and clothing, groceries are around 4% higher than in the rest of the country, while clothing costs 4% higher.
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Without question, one of the best things about living in New Jersey is the high quality of life. Low crime rates, low stress and a booming job market, whats not to love?
NYC is the most expensive city in America so it should come as no surprise that New Jersey offers a more affordable cost of living. Newark and Jersey City are both considerably cheaper than NYC. The median home price in Manhattan is $965,00 while the median home price in Jersey City is $337,000 and $210,000 in Newark.
New Jersey has some of the highest taxes in the U.S. It also has some very high home prices, driven in part by its proximity to New York City and its population density (the highest in the country).

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