Massachusetts is 7.5% more expensive than New Jersey.
Is New Jersey cheaper than Boston?
Think Carefully…
The cost of living in Boston, MA is 30.0% higher than in Newark, NJ.
Is NJ an expensive place to live?
New Jersey is a notoriously expensive state to live in. It’s home to two of America’s wealthiest counties, Hunterdon County and Somerset County, and they’re not the only New Jersey locales with high home prices. According to NeighborhoodScout, the median home value in New Jersey is $418,500 in March 2022.
Is Massachusetts an expensive place to live?
Massachusetts is the third most expensive place to live in America, according to a CNBC Study. The Boston area is the driving force behind the Bay State’s high cost of living, where the median price for a home is 70 percent higher than the national figure.
How much does it cost to live comfortably in Massachusetts?
In order to afford this level of rent and utilities, without spending more than 30 percent of a given income on housing costs, the average household in the commonwealth must earn $5,861 each month, or $70,333 each year.
How long is a flight from Boston to New Jersey?
The total flight duration from Boston, MA to New Jersey is 1 hour, 1 minute. This is the average in-air flight time (wheels up to wheels down on the runway) based on actual flights taken over the past year, including routes like BOS to EWR.
Is moving to New Jersey a good idea?
Diverse neighborhoods, low crime rates, good schools, and top-notch infrastructure contribute to making the towns a safe bet to live in New Jersey. New Jersey is the most urbanized state in the US, where almost every part is urban.
What salary do you need to live in NJ?
New York and New Jersey came in at fourth-highest. The survey determined that an individual needs to make an annual salary of $66,434 after taxes to live comfortably live in New York and New Jersey.
What is a good salary in New Jersey?
Average top 5% annual income: $475,827. Minimum threshold needed to make the top 5%: $250,000.
What is the cheapest city to live in Massachusetts?
Monroe. The cheapest place to live in Massachusetts is Monroe, a Franklin County town of 121 people, according to the 2010 US Census.
What’s the least expensive state to live in?
Mississippi
1. Mississippi. Coming in as the cheapest state to live in in the United States is Mississippi with a cost of living index score of 83.3. It also has the lowest average housing costs in the nation at 33.7% below the national average.
Which state has lowest cost of living?
Mississippi
Mississippi. Mississippi has the lowest cost of living in the United States. With a cost of living index of 83.3, expenses are nearly 17% less than the national average. Mississippi’s housing costs are the lowest in the nation.
What’s a good salary in Massachusetts?
How much does an Average make in Massachusetts? As of Aug 3, 2022, the average annual pay for the Average jobs category in Massachusetts is $77,331 a year. Just in case you need a simple salary calculator, that works out to be approximately $37.18 an hour. This is the equivalent of $1,487/week or $6,444/month.
What is minimum wage in MA?
$14.25 per hour
Deductions for lodging, meals, uniforms, and required wage records are also covered. Effective January 1, 2022, the Massachusetts minimum wage is $14.25 per hour. The service rate is $6.15 per hour. Also on January 1, 2021, A 2018 law made changes to the minimum wage, and Sunday and holiday premium pay.
What is considered low income in Massachusetts?
Here is a summary of the data for Massachusetts: Low income limit (1-person): $55,950. Low income limit (4-person family): $79,900.
How long is the train ride from New Jersey to Boston?
Traveling by train from Newark to Boston usually takes around 4 hours and 49 minutes, but the fastest Amtrak Acela train can make the trip in 4 hours and 3 minutes.
How much is a train from New Jersey to Boston?
Information about this train trip
| Daily Trains | 36 |
|---|---|
| Minimum Price | $65 |
| Average Ticket Price | $206 |
| Minimum Trip Duration | 4h3m |
| Average Train Trip Duration | 4h54m |
How much is the plane ticket from New Jersey to Boston?
While on average a flight from New Jersey to Boston is generally $257, our data shows the cheapest flight currently is $70. When looking at the most popular route, (Philadelphia – Boston Logan Intl), you can expect to pay $82 for that flight.
What are the negatives of living in New Jersey?
Disadvantages of Living In New Jersey
- High Taxes. The garden state is known for imposing higher taxes than any other state in the region.
- Poor Weather for 3 months.
- High Cost of Living.
- 1% Mansion Tax.
Are residents leaving NJ?
TRENTON – North Jersey locales close to New York dominate the list of New Jersey municipalities that saw their populations decline most between the 2020 Census and mid-2021. All of the top 20 are in four counties – including seven in Hudson County.
What are the benefits of living in NJ?
Top 8 Reasons to Live in New Jersey
- Leading Education System. New Jersey reigns supreme when it comes to education.
- Superior Health Care.
- World-Class Entertainment.
- Recreational Opportunities.
- Family-Friendly Towns.
- Quality Dining and Retail.
- Small Town Living, Big City Access.
- Diversity.