Idaho vs New Jersey: taxes, cost of living, laws

Idaho

Moderate tax burden · COL index 96

Wins 9 categories

New Jersey

High tax burden · COL index 121

Wins 5 categories

New Jersey's top income tax rate is 10.75% vs Idaho's 5.8%. Cost of living in New Jersey (index 121) runs 26% higher than Idaho (index 96). Property taxes are meaningfully different: New Jersey averages 2.13% annually vs Idaho's 0.48%. The median home in New Jersey costs $500K vs $425K in Idaho.

Idaho

New Jersey

Taxes

5.8%

Income Tax (top rate)

10.75%

0.48%/yr

Property Tax Rate

2.13%/yr

6.02%

Sales Tax (avg)

6.6%

Yes

Social Security Tax

Yes

Estate Tax

Yes

As income

Capital Gains Tax

As income

Housing & Cost of Living

COL Index (100=avg)

121

$425K

Median Home Price

$500K

$1,500/mo

Median Rent (2BR/mo)

$2,200/mo

$800/yr

Home Insurance (avg/yr)

$1K/yr

Crime & Safety

228

Violent Crime / 100K

213

1,535

Property Crime / 100K

1,368

284

Sex Offenders / 100K

137

Homeless / 100K

134

Healthcare

#32 of 50

Healthcare Quality Rank

#19 of 50

77.7 yrs

Life Expectancy

79 yrs

Uninsured Rate

6.8%

Yes

Medicaid Expansion

Yes

Education

#30 of 50

K-12 Quality Rank

#2 of 50

School Choice / Vouchers

Childcare

$960/mo

Avg Infant Care / mo

$1,800/mo

Utilities & Daily Costs

$105/mo

Avg Energy Bill / mo

$155/mo

$480/mo

Avg Groceries / mo

$640/mo

#20 of 50

Road Quality Rank

#44 of 50

Social Policy

Gun Laws Grade

R+30.0

2024 Presidential Margin

D+6.0

Category wins

Idaho

New Jersey

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