Is Jersey a rich area?
Is Jersey a rich area? It's no secret that New Jersey routinely ranks among the states with the largest median incomes in the United States. According to U.S. Census data, New Jersey has some of the wealthiest towns, with households that earn more than $200,000.
Is Jersey the most expensive place in the world?
Jersey has a high cost of living, due to transport costs and a lack of competition. In January 2021, Numbeo, an online cost-of-living index, reported that Jersey was the world's 'most expensive place to live'.
Is food expensive in Jersey?
The cost of living in New Jersey is 13% higher than the national average. Housing is 31% higher than the national average, while utilities are 8% higher. When it comes to basic necessities such as food and clothing, groceries are around 4% higher than in the rest of the country, while clothing costs 4% higher.