The Average Cost of Living In New Jersey in 2025 - Movingist

New Jersey comes with higher rates of home prices and taxes, which is why the cost of living in New Jersey is higher in the US. However, not only do these two factors decide the living price for New Jersey, b… See more

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$114.08
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New Jersey Cost Of Living (2025) - ConsumerAffairs

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Jul 26, 2024 · Utility costs in New Jersey According to the most recent data from the Energy Information Administration, the average monthly electric bill in New Jersey is $114.08, versus …

consumeraffairs.com

$7.25
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Cost Of Living Calculator | Cost Of Living In New Jersey - Salary.com

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Dec 24, 2024 · The federal minimum wage is $7.25 per hour while New Jersey's state law sets the minimum wage rate at $15.49 per hour in 2025. Demands for a living wage that is fair to …

salary.com

11%
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Cost Of Living In New Jersey 2025 - RentCafe

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The cost of living in New Jersey is 11% higher than the national average. Housing is 30% higher than the national average, while utilities are 10% higher.When it comes to basic necessities …

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Cost Of Living Calculator | Cost Of Living In Jersey City, New Jersey ...

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Dec 24, 2024 · The federal minimum wage is $7.25 per hour while New Jersey's state law sets the minimum wage rate at $15.49 per hour in 2025. Demands for a living wage that is fair to …

salary.com

9%
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Cost Of Living In New Jersey: How Does It Compare To NY And PA?

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Sep 2, 2024 · New Jersey Total annual expenditures: $83,109 The biggest reason why the cost of living in the Garden State is 13.9% higher than the national average is housing, which costs …

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Apartment Construction Cools Rents In Some Regions • New Jersey …

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Jan 14, 2025 · In New Jersey, which has seen an influx of new residents that began with people fleeing New York City during pandemic lockdowns, median rent has increased 3% to $1,885 …

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FAQs about The Average Cost of Living In New Jersey in 2025 - Movingist Coupon?

How much does it cost to live in New Jersey?

If you’re curious about the cost of living in New Jersey, read on for our analysis. The median rent in New Jersey is $2,429.05, versus the national median rent of $1,529.01. Residents in New Jersey spend $274.69 weekly on food at home and $121.32 on food out. As of publishing, the average price per gallon of regular gas is $3.41 in New Jersey. ...

Does New Jersey offer a reasonable cost of living?

You can say that New Jersey offers a reasonable cost of living. Also, it provides mesmerizing sceneries, thrilling sports activities, and friendly people to meet with. Still, we suggest looking at the living cost and moving to New Jersey to spend the rest of your life. Get instant free moving quotes ...

How much money should I allocate to live in New Jersey?

If you want to live in New Jersey comfortably and take advantage of everything it has to offer, an amount of $2,587.32 should be allotted monthly. This article can help you decide if your budget allows you to do so. ...

Will New Jersey home prices go down in 2023?

According to New Jersey’s real estate market experts, who initially predicted that there would be a 5% decrease in home prices in 2023, prices took an unexpected turn and went up by 7% in the first quarter, with a similar trend expected in the second quarter. ...

What to expect if you move to New Jersey?

Moving to New Jersey opens up several business opportunities in the state. To give you an idea of what to expect if you’re moving to New Jersey, the following is a list of the major industries in the state: Since you’re most likely moving to New Jersey from out of state, you may not be familiar with the state’s taxes. ...

What is the projected home price growth in New Jersey?

Here's a breakdown of the projected home price growth in New Jersey from 2024 to 2028: 2024: Home prices are expected to rise by 3-5%. 2025: Anticipated 2-4% increase in home prices. 2026: Home prices are forecasted to rise by 1-3%. 2027: Expecting a 1-2% increase in home prices. 2028: Home prices are projected to rise by 1-2%. ...