New Jersey
Wage: $70,890 ($34.08/hr)
Home Price: $485,900
Rent: $1,879/mo
Overview
Overview of New Jersey
Homes are very expensive ($485,900 median), your dollar buys much less ($84.00 value), and rent is higher ($1,879). Property crime is lower (14.17 per 1,000).
Curious what your salary would look like after taxes in New Jersey? Try our free tax calculators.
Compared to the national average, New Jersey the difference in median home prices is 24.70% – positive being higher than the national average, negative being lower. The difference in the value of $100 is -18.69% – positive meaning you can buy more with $100, negative meaning less.
Average rent disparity compared to the national average is 20.04% and property crime is -25.09%.
Counties
Bergen, Middlesex, Essex
Zip Codes
07030, 08816, 07102
Popular Metro Areas
Part of New York-Newark-Jersey City, NY-NJ-PA
Most Populated City
Newark
Median Home Price
$485,900
Value of $100
$84.0
Average Monthly Rent
$1,879
Property Crime Per 1000
14.17
Cost of Living
Cost of Living in New Jersey
The average monthly cost of living expenses in New Jersey including: energy, internet, phone bills and miscellaneous expenses.
Total Utilities Cost Per Month
$454
Energy Bill
$112.39
Monthly Water Bill
$72
Monthly Internet
$40
Natural Gas (Utilities)
$66
Monthly Phone Bill
$114
Streaming Services
$49.50
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Crime
Crime in New Jersey
Typical crime rates in New Jersey including: Crime Rate Per 100k Residents, Violent Crime Per 100k Residents, and Non-Violent Crime Per 100k Residents.
Population
9,288,994
Crime Rate Per 100k Residents
2511.75
Violent Crime Per 100k Residents
195.37
Non-Violent Crime Per 100k Residents
2316.386
Jobs
Jobs in New Jersey
Key job metrics including: Unemployment Rate, Average Wage, and Labor Force Participation.
Job Growth Rate (%)
1.41
Unemployment Rate (%)
4.85
Job Openings Level
411,000
Annual Average Wage
$70,890
Hourly Average Wage
$34.08
Labor Force Participation (%)
64.4
Taxes
Taxes in New Jersey
Tax rates including: state, local, and combined sales tax rate.
State Sales Tax
7%
Average Local Sales Tax
0%
Combined Sales Tax Rate
7%
Our cost of living database is in beta. Found an error? Let us know →
