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.
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Category wins
9
Idaho
5
New Jersey
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Is living in Idaho better than New Jersey based on income?
New Jersey sets its minimum wage 120% higher than Idaho, at $15.92 per hour. Average gross salaries are 32% higher in New Jersey at $5,400/mo. New Jersey has a notably higher cost of living than Idaho, which affects how far wages stretch.
What are the pros and cons of living in Idaho?
Compare the Pros vs the Cons of Living in Idaho
Is NJ the best state to live in?
New Jersey ranks No. 3 best state to live and No. 4 happiest state.
What state is moving to Idaho the most?
In 2024, most people moving to Idaho came from Washington state, California, and Utah. The top states people from Idaho left for were Washington state, California, and Utah. Overall, about 60,400 people left Idaho for another state. Meanwhile 72,800 moved in from elsewhere in the US.