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New Jersey

Very High tax burden · COL index 121

Wins 5 categories

VS

Nevada

Low tax burden · COL index 101

Wins 7 categories

Nevada has no state income tax. New Jersey's top rate is 10.75%. Cost of living in New Jersey (index 121) runs 20% higher than Nevada (index 101). Property taxes are meaningfully different: New Jersey averages 2.13% annually vs Nevada's 0.53%. The median home in New Jersey costs $500K vs $415K in Nevada.

New Jersey
Nevada

Taxes

10.75%
Income Tax (top rate)
None
2.13%/yr
Property Tax Rate
0.53%/yr
6.6%
Sales Tax (avg)
8.23%
Yes
Social Security Tax
Yes
Yes
Estate Tax
Yes
As income
Capital Gains Tax
None

Housing & Cost of Living

121
COL Index (100=avg)
101
$500K
Median Home Price
$415K
$2,200/mo
Median Rent (2BR/mo)
$1,550/mo
$1K/yr
Home Insurance (avg/yr)
$800/yr

Crime & Safety

213
Violent Crime / 100K
595
1,368
Property Crime / 100K
2,634

Healthcare

#19 of 50
Healthcare Quality Rank
#35 of 50
79 yrs
Life Expectancy
75.5 yrs
6.8%
Uninsured Rate
10.6%
Yes
Medicaid Expansion
Yes

Education

#2 of 50
K-12 Quality Rank
#48 of 50
No
School Choice / Vouchers
Yes

Childcare

$1,800/mo
Avg Infant Care / mo
$1,200/mo

Utilities & Daily Costs

$155/mo
Avg Energy Bill / mo
$130/mo
$640/mo
Avg Groceries / mo
$500/mo
#44 of 50
Road Quality Rank
#32 of 50

Social Policy

A
Gun Laws Grade
C+
D+6.0
2024 Presidential Margin
R+3.0

Category wins

5

New Jersey

7

Nevada

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People Also Ask

Why are people moving away from New Jersey?

Is $90,000 a good salary in NJ?

The average pay range for a 90 000 Year varies greatly (by as much as 10200), which suggests there may be many opportunities for advancement and increased pay based on skill level, location and years of experience. New Jersey ranks number 50 out of 50 states nationwide for 90 000 Year salaries.

Why are people moving out of Nevada?

What are the pros and cons of living in Nevada?

Full New Jersey Profile →Full Nevada Profile →

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