Have you ever wondered what the cost of living in NewJersey is? We all know that living in New Jersey is not cheap. That’s because we have high taxes, high housing costs and more. However, we do have low gasoline prices. But they aren’t as low as they used to be. In fact, in New Jersey you can purchase $88.18 worth of goods for only $100.00
$88.18 worth of goods for $100.00
Say What?
That’s right. The high New Jersey Cost of Living provides for $88.18 worth of goods in New Jersey. And it only costs you $100. It’s the same as California. The only states where you get less for your $100.00 is Washington DC and Hawaii.
On the other hand, most of the mid west you get over $100.00 worth of goods for your $100.00
So if the high New Jersey Cost of Living has you thinking of leaving New Jersey for a less expensive area, where should you go?
The five states with the highest cost of living are:
Washington DC
Hawaii
New York
New Jersey
California
Whoo Hoo! We’re #4!
The five states with the lowest cost of living are:
Mississippi
Alabama
Arkansas
South Dakota
Kentucky
Bottom Line
The five states above do have the lowest cost of living, but I wouldn’t want to live there. I like it here in New Jersey. However, maybe you’re ready to live in a different home. So, if you’re interested in staying in New Jersey, and can live with the high cost of living, call us.
But if you’d like to look for a condo or a home in other Monmouth County towns, we can help you with that also.