Mississippi
Moderate tax burden · COL index 82
Wins 7 categories
New Jersey
Very High tax burden · COL index 121
Wins 6 categories
New Jersey's top income tax rate is 10.75% vs Mississippi's 4.7%. Cost of living in New Jersey (index 121) runs 48% higher than Mississippi (index 82). Property taxes are meaningfully different: New Jersey averages 2.13% annually vs Mississippi's 0.64%. The median home in New Jersey costs $500K vs $180K in Mississippi.
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Category wins
7
Mississippi
6
New Jersey
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