Massachusetts
High tax burden · COL index 148
Wins 8 categories
New Jersey
High tax burden · COL index 121
Wins 8 categories
New Jersey's top income tax rate is 10.75% vs Massachusetts's 9%. Cost of living in Massachusetts (index 148) runs 22% higher than New Jersey (index 121). Property taxes are meaningfully different: New Jersey averages 2.13% annually vs Massachusetts's 1.04%. The median home in Massachusetts costs $580K vs $500K in New Jersey.
Taxes
Housing & Cost of Living
Crime & Safety
Healthcare
Education
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Utilities & Daily Costs
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Category wins
8
Massachusetts
8
New Jersey
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Is it cheaper to live in Massachusetts or New Jersey?
Overall cost of living in Boston, MA is 30.4% higher than in Newark, NJ. The average listing price for a home in Boston, MA is $1,082,320, which is 62.6% higher than Newark, NJ. The average cost of groceries in Boston, MA is 1.0% lower than Newark, NJ.
Why are people moving out of MA?
What is the 3 year rule in NJ?
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