Fanya Carmella

What Is The Cost Of Living Increase For 2024 In Nj. The cost of living in new jersey is $2706, which is 1.22 times more expensive than the average in the united states. 130 rows the annual inflation rate for the united states was 2.4% for the 12 months ending september, compared to the previous rate increase of 2.5%, according to u.s.

However, simply restoring colas for all retired government workers in the state would come at a significant cost, according to recent department of the treasury estimates. Smartasset put together this guide on the cost of living in new jersey.