Kentucky
Moderate tax burden · COL index 85
Wins 8 categories
New Jersey
Very High tax burden · COL index 121
Wins 4 categories
New Jersey's top income tax rate is 10.75% vs Kentucky's 4%. Cost of living in New Jersey (index 121) runs 42% higher than Kentucky (index 85). Property taxes are meaningfully different: New Jersey averages 2.13% annually vs Kentucky's 0.78%. The median home in New Jersey costs $500K vs $215K in Kentucky.
Taxes
Housing & Cost of Living
Crime & Safety
Healthcare
Education
Childcare
Utilities & Daily Costs
Social Policy
Category wins
8
Kentucky
4
New Jersey
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Is Kentucky considered a good place to live?
Why are people moving away from New Jersey?
Is NJ the best state to live in?
New Jersey was ranked the third best state to live in by WalletHub — leading the nation across safety, education, health, and quality of life. From investing in education to expanding access to health care, we are proud to live in the Garden State. Read more: https://wallethub.com/edu/best-states-to- live-in/62617.
Is Kentucky bigger than New Jersey?
Kentucky is around five times the size of New Jersey and it shows. People can drive for hours and not worry about seeing a town in Kentucky. There may not be as many horse farms as people think, but there is more than enough room there for them.