New Jersey it is ranked as the 47th state in size, comprising of roughly 8,729 square miles. Even though, it’s not one of the biggest states in the America, but it is quite important for its economic characteristics. It has a robust agricultural economy, along with that it also has widely varied businesses and industries and serves as a tourist spot as well. Its economic strength can be observed if we look at the median household income, that is 55,146 dollars, the highest in the country. That being said, if you are considering to move to New Jersey, then do bear in mind the cost of living spike that you are likely to face when you move there. As New Jersey has a better economic condition that any other state in the United States, the cost of living there is also much higher, at least compared to most states. Even though, cost of living is just one of many factors that you must factor in before you finally make your move, it is perhaps the most important and likely to impact your living standards right off the bat.
So, if you are thinking about moving to New Jersey, or perhaps are curious about the living expenses there, you have come to the right place. For the convenience of our readers, at insider monkey’s blog page, we have put together a list of
5 Most Expensive Cities to Live in New Jersey. Just click on the link to access the full article.
