New Jersey Data

Rank #25 / 50
Cost of Living
Rank #25
National Avg
January 2026
Updated
mortgage rate
5.25
median monthly rent
1800

New Jersey Cost of Living (2026) — How It Compares to Other States

Cost of living ranking (1=most expensive)

Rates by StateCost of LivingNew Jersey
StateCost of Living (index)vs National
→ New JerseyRank #25 / 50-NaN%
→ New Jersey$1,500-$4,000-NaN%
→ New Jersey$225-$400/hr-NaN%
→ New Jersey10.75%+115.0%
→ New Jersey5.25%+5.0%
→ New Jersey1.40% APY+16.7%
→ New Jersey$150–$350-NaN%

Frequently Asked Questions

What are New Jersey cost of living in 2026?
New Jersey cost of living are currently Rank #25 / 50 as of January 2026. The national average is Rank #25. New Jersey is at or below the national average.
How do New Jersey cost of living compare to other states?
New Jersey cost of living of Rank #25 / 50 compare to a national average of Rank #25. Rates vary by state based on local market conditions, legislation, and economic factors.
Where can I find the best cost of living in New Jersey?
Compare multiple providers and verify credentials before committing to any financial service in New Jersey.
Is New Jersey an expensive state to live in?
New Jersey has a cost of living index of Rank #25 / 50 compared to a national baseline of 100. New Jersey is more affordable than the national average — residents typically pay less for housing, groceries, utilities, and transportation than most Americans.

Plan Your Budget

See how your income stretches in New Jersey and build a realistic budget.

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