What is the average cost of living in New Jersey?

Are planning to move to New Jersey this year? However, before you hire NJ movers for your relocation, you should first know about the average cost of living in New Jersey. As you might know, the cost of living is maybe the most important factor when deciding where to move. The living costs have skyrocketed in many cities and it’s hard to find an affordable state or a town. New Jersey is not the most affordable state in the US. Unfortunately, it follows the footsteps of its well-known expensive neighbor, New York. The average living costs in New Jersey are about 24% higher than the national average. However, the living costs are not the same in every part of New Jersey. Some parts are more expensive while others are more affordable. Keep reading to find out the average living costs in different parts of New Jersey. 

How much is the average cost of living in New Jersey? 

The cost of living means how much money you need to cover the basic living expenses such as housing, food, healthcare, transportation, etc. The living costs will vary from state to state and even from city to city. Usually, bigger cities have higher living costs than smaller ones. Housing costs affect the living costs the most. The median housing cost in New Jersey is around $420,000. The median rent is around $1200 for a one-room bedroom. The utility costs are lower than the national average and they are around $110.00. Of course, all these average prices will vary from city to city. While moving to New Jersey with affordable movers NJ offers many benefits, the biggest downside is the taxes. New Jersey has one of the highest taxes in the USA. But there is still some state that has even higher taxes than New Jersey such as California.  

The cost of living in Essex Country 

Essex Country with a population of almost 900 000 is the second-most populous county in New Jersey. Newark is the seat of Essex County and the city has over 300 000 residents. Essex Country has 18% higher living costs than national ones. Additionally, the living costs increased by about 1,5% last year, mostly housing, transportation, and the cost of grocery. However, if you decide to move to Newark with movers in Newark NJ, you can expect different prices than these. The median home price in Newark is around $325 000 which is a little lower than New Jersey one but higher than the national average. The utility prices are about 8% higher while transportation and gas costs are about 7% higher than the national average. Groceries are also higher at about 9%, but healthcare is slightly lower at about 3%. 

How much are the living costs in another Essex Country city? 

Montclair is another city in Essex Country. Montclair is a good example of that city doesn’t have to be big to be expensive. Before you hire movers Montclair NJ, you should know that Montclair is one of the most expensive places in NJ for living. Some of its unflattering titles are 23rd most expensive city in New Jersey and 392nd out of 2202 in the USA. The average cost of living in Montclair is around $1950, while the average rent with utilities is around $1250. However, Montclair is also one of the best places for living in New Jersey. The city is described as a wealthy town with many advantages. If you are looking for more affordable places in New Jersey, then you should consider the following ones: 

• Hightstown 
• Phillipsburg  
• New Brunswick 
• Rahway  
• Pompton Lakes 
• Toms River 

What are the average living costs in Hudson Country? 

Hudson Country is the favorite place for vacation and relocation for New Yorkers. The main reason is the proximity to Manhattan. For this reason, Hudson Country is sometimes called the sixth borough of NYC. As Hudson Country is very close to NYC and Manhattan, you would expect high living costs. Luckily, this is not the case, as the living costs in Hudson Country are lower by about 3% than the national average. For this reason, many people decide to move here with movers Hudson County NJ from NYC. The distance between Hudson Country and Manhattan is around 40 min car drive. Jersey City is the country city and Hudson Country is one of the fastest-growing counties in New Jersey. The population has increased from about 630 000 to 750 000 residents in the last ten years.  

The cost of living in other New Jersey countries 

New Jersey has 21 countries. Middlesex County is the largest one with a population of around 860 000 while Essex Country is close by with a population of around 850 000. The average living costs in Middlesex Country are about 15% higher than the national average. The most expensive living cost is housing with a 32% higher house cost than the national average. Utilities and food prices are also higher about 5% and 9% respectively. Salem Country is the smallest one in New Jersey with only 65 000 residents. The cost of living in Salem Country is very different than in Middlesex Country. The average living costs in Salem Country are lower than the national average. However, the biggest con of living in Salem Country is the high crime levels. For this reason, you need to decide what is more important to you: safety or the cost of living. 

Should you move to New Jersey? 

Deciding where to move is not easy. Finding a good place for living that is not too expensive sounds impossible nowadays. However, New Jersey is one of the best states for living in the USA. The average cost of living in New Jersey will vary in different towns and cities. Usually, bigger cities have higher living costs than smaller ones. Additionally, places that are closer to NYC have higher living costs. Residents of New Jersey have good salaries that cover all living costs and most of the residents live comfortably in New Jersey.