Moving into a new home can be stressful sometimes. But when it's in New Jersey, you are in for excitement! There are already nearly 9 million people who call NJ home. To make you feel great about choosing the state of liberty and prosperity on your next move, read along.
We're perfectly happy living in New Jersey and here are some facts you should know:
Cities and Metro Areas
There are numerous cities and towns to choose from when
moving to New Jersey. There’s Trenton, the state capital; Newark, the largest city in the state and a shipping and transportation port; West Orange, a Newark suburb; Elizabeth, adjacent to Newark and a busy transportation and commercial center; and Jersey City, with its thriving financial district. Other cities to consider are Paterson, where tourism is becoming increasingly more important, the rapidly expanding town of Edison, and the wealthy seaside resort towns of Atlantic City, Ocean City and Cape May.
Cost of Living
Compared to the US average, the cost of living in New Jersey is 22.5 percent higher. Fortunately, the average household income is $57,338 per annum, which is also higher than the country’s average. The cost of living in New Jersey is most likely higher due to relatively steep housing costs, as well as taxation levels that top those of other states. In addition, the average commute time is 30 minutes, which means gas can add a significant amount to any household’s budget.
Factors such as housing, utilities costs, prices of food, consumer goods, education and healthcare, as well as state and local taxes, all play an important role in determining the cost of living in New Jersey.