New Jersey
High tax burden · COL index 121
Wins 7 categories
Tennessee
Low tax burden · COL index 92
Wins 8 categories
Tennessee has no state income tax. New Jersey's top rate is 10.75%. Cost of living in New Jersey (index 121) runs 32% higher than Tennessee (index 92). Property taxes are meaningfully different: New Jersey averages 2.13% annually vs Tennessee's 0.45%. The median home in New Jersey costs $500K vs $350K in Tennessee.
Taxes
Housing & Cost of Living
Crime & Safety
Healthcare
Education
Childcare
Utilities & Daily Costs
Social Policy
Category wins
7
New Jersey
8
Tennessee
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Is it cheaper to live in Tennessee or New Jersey?
Is it more expensive to live in Newark or Nashville? Overall cost of living in Nashville, TN is 13.5% lower than in Newark, NJ. The average listing price for a home in Nashville, TN is $534,248, which is 19.7% lower than Newark, NJ. The average cost of groceries in Nashville, TN is 3.8% lower than Newark, NJ.
Why are people moving out of TN?
Why are people moving away from New Jersey?
Is New Jersey the best state to live in?