Illinois
High tax burden · COL index 92
Wins 7 categories
New Jersey
High tax burden · COL index 121
Wins 8 categories
New Jersey's top income tax rate is 10.75% vs Illinois's 4.95%. Cost of living in New Jersey (index 121) runs 32% higher than Illinois (index 92). Property taxes are meaningfully different: New Jersey averages 2.13% annually vs Illinois's 1.73%. The median home in New Jersey costs $500K vs $275K in Illinois.
Taxes
Housing & Cost of Living
Crime & Safety
Healthcare
Education
Childcare
Utilities & Daily Costs
Social Policy
Category wins
7
Illinois
8
New Jersey
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Why are people moving out of NJ?
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Which is better, Chicago or New Jersey?
The average cost of groceries in Chicago, IL is 1.7% lower than Newark, NJ. The average cost of utilities in Chicago, IL is 9.7% lower than Newark, NJ. The average cost of transportation in Chicago, IL is 0.3% higher than Newark, NJ. The average rent in Chicago, IL is 27.2% higher than Newark, NJ.