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New Jersey

Very High tax burden · COL index 121

Wins 5 categories

VS

Wyoming

Low tax burden · COL index 101

Wins 8 categories

Wyoming 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 Wyoming (index 101). Property taxes are meaningfully different: New Jersey averages 2.13% annually vs Wyoming's 0.55%. The median home in New Jersey costs $500K vs $350K in Wyoming.

New Jersey
Wyoming

Taxes

10.75%
Income Tax (top rate)
None
2.13%/yr
Property Tax Rate
0.55%/yr
6.6%
Sales Tax (avg)
5.34%
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
$350K
$2,200/mo
Median Rent (2BR/mo)
$1,300/mo
$1K/yr
Home Insurance (avg/yr)
$2K/yr

Crime & Safety

213
Violent Crime / 100K
221
1,368
Property Crime / 100K
1,812

Healthcare

#19 of 50
Healthcare Quality Rank
#33 of 50
79 yrs
Life Expectancy
76 yrs
6.8%
Uninsured Rate
12.3%
Yes
Medicaid Expansion
No

Education

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

Childcare

$1,800/mo
Avg Infant Care / mo
$950/mo

Utilities & Daily Costs

$155/mo
Avg Energy Bill / mo
$115/mo
$640/mo
Avg Groceries / mo
$500/mo
#44 of 50
Road Quality Rank
#4 of 50

Social Policy

A
Gun Laws Grade
F
D+6.0
2024 Presidential Margin
R+43.0

Category wins

5

New Jersey

8

Wyoming

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People Also Ask

Why are people moving away from New Jersey?

How much is $100,000 a year after taxes in Wyoming?

If you earn $100,000 per year in Wyoming, United States of America, you will pay $22,418 in taxes. Your net salary after tax in Wyoming, United States of America is $77,582 per year, or $6,465 per month. Your average tax rate is 22.4% and your marginal tax rate is 31.2%.

Is moving to Wyoming a good idea?

What is the number one cause of death in Wyoming?

Full New Jersey Profile →Full Wyoming Profile →

Your Priorities

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Annual Income

$150K

Affects effective income tax rate

$0$500K$5M+

Retirement Savings

$0

Affects pension and SS tax burden

None$500K$10M+

Social Security

None

Annual Social Security benefit

None$150K/yr

My Property Is Worth

$400K

Affects property tax burden

Tax burden ↓$1M$50M+

Home Buying Budget

$400K

Compared to state median home price

Hard to find$250K$5M+

Monthly Rent Budget

Don't care

Compared to state median 2BR rent

Don't care$10K/mo

Job Market

Don't care

State unemployment and job growth

Don't careHot market

Airport Access

Don't care

Direct flight destinations from state hubs

Don't careMust have hub

City vs Country

Mid-size city

% urban population

Deep countryBig city

Sunshine

Don't care

Annual sunny days per state

Don't careMax sunshine

Food Scene

Don't care

Restaurants per 100K residents

Don't careWorld-class

Political Preference

Neutral

State's political lean

LiberalConservative

Gun Laws

Neutral

State gun law grade (Giffords)

Gun Control2A Freedom

Abortion Access

Neutral

State abortion access policy

Pro-ChoiceNeutralPro-Life

Community

None

Congregations per 100K residents

AvoidDon't careSeek

Sports & Entertainment

Don't care

Pro sports teams and major venues

Don't careMust have pro teams

Cannabis Laws

Neutral

State cannabis legality

Prefer LegalNeutralPrefer Prohibition

Retiree Community

Neutral

% population 65+ (Census)

Young areaRetirement-heavy

Dating Market

Neutral

% adults never-married (Census)

Singles sceneFamily community

Safety / Low Crime

Don't care

Violent crime rate per 100K (FBI)

Don't careVery safe

School Quality

Don't care

K-12 rank (Education Week)

Don't careTop-ranked

Healthcare Access

Don't care

Healthcare system rank (Commonwealth Fund)

Don't careTop-ranked

Childcare Affordability

Don't care

Cost of living proxy for childcare affordability

Don't careMust be affordable