Stay in New Jersey or Move to Pennsylvania
Is it cheaper to live in Pennsylvania or New Jersey?
New Jersey is 16.3% more expensive than Pennsylvania.
Is it worth moving to Pennsylvania?
Pennsylvania offers a high-quality of life.
Between being home to some of the best universities in the world, high-ranking health institutions, rich history and four beautiful seasons (save for a pretty cold winter)… Pennsylvania offers all the essentials for a high-quality of life.
Is it better to live in PA and work in NJ?
A Pennsylvania resident who makes $100,000 a year working in New Jersey saves nearly $1,200 a year by avoiding New Jersey income taxes. New Jersey’s rates, however, are less than Pennsylvania’s for middle and lower-income workers.
Are taxes higher in PA or NJ?
State sales tax for Pennsylvania is at 6 percent, compared to 7 percent for New Jersey. Naturally, there’s more to selecting the perfect home than simply the tax rates. And for some people, jobs and family in the area may be reasons to stay in the Garden State.
Do PA residents pay NJ income tax?
Pennsylvania residents employed in New Jersey are not subject to New Jersey Income Tax. If New Jersey Income Tax was withheld by mistake from your wages, you must file a New Jersey nonresident return to get a refund.
What cities in New Jersey are close to Philadelphia?
South Jersey’s best towns for Philly commuters
- Haddonfield. Located just 14 miles from City Hall, the historic borough of Haddonfield offers its residents quaint, small-town charm with plentiful cultural opportunities. …
- Collingswood. …
- Cherry Hill. …
- Moorestown. …
- Voorhees.
What are the cons of living in Pennsylvania?
List of the Cons of Living in Pennsylvania
- There are additional tax responsibilities that you will need to consider. …
- You will find a wide range of dialects and jargon in Pennsylvania. …
- Getting to know the on-ramps to the highways and interstate is a full-time job. …
- Get used to paying tolls, one way or another.
What are the pros and cons of living in PA?
Pros and Cons Of Living In Pennsylvania
- Low cost of living.
- Plenty of fun things to do.
- Interesting food options.
- Great for education and health care.
- Diversity and cultural experiences.
- Harsh winter weather.
- Bad driving conditions.
- Additional taxes.
Where should I not live in PA?
The 20 Worst Places to Live in Pennsylvania
- Johnstown, PA.
- Chester, PA. …
- Uniontown, PA. …
- Darby, PA. …
- Pottstown, PA. …
- Philadelphia, PA. …
- Westfield, PA. …
- Midland, PA. According to Road Snacks report on small towns, Midland is a city with a small population of just 3,003 residents. …
What happens if you live in PA but work in NJ?
Starting in 2018, PA residents working in NJ will file a NJ income tax return then file a PA Income Tax Return (PA- 40). They will get a credit toward their PA income tax obligation for income tax paid to NJ. This is called a resident credit.
How can I avoid the exit tax in NJ?
Exemptions to the NJ Exit Tax
If you remain a New Jersey resident, you’ll need to file a GIT/REP-3 form (due at closing) and it will exempt you from paying estimated taxes on the sale of your home. Instead, any applicable taxes on the gain from the sale are to be reported on your New Jersey Gross Income Tax Return.
Is PA expensive to live?
Living in Pennsylvania is less expensive than it is on average across the U.S. as a whole. According to data from the Bureau of Economic Analysis, goods and services in the state cost 2.5% less than they do on average nationwide. Compared with all other states, Pennsylvania has the 20th highest overall cost of living.
What is a good salary in PA?
How much does an Average make in Pennsylvania? As of Jun 9, 2022, the average annual pay for the Average jobs category in Pennsylvania is $58,848 a year. Just in case you need a simple salary calculator, that works out to be approximately $28.29 an hour. This is the equivalent of $1,132/week or $4,904/month.
What’s the cheapest place to live in Pennsylvania?
The 5 Most Affordable Places to Live In Pennsylvania
- West Mifflin. This Pittsburgh suburb of just over 20,000 is arguably the most affordable place to live in the state of Pennsylvania. …
- Oil City. As you might imagine from the name, Oil City was founded as an oil boomtown. …
- Brentwood. …
- Pottsville. …
- Vandergrift.
How much money do you need to live comfortably in Pennsylvania?
Typical Expenses
| 1 ADULT | 2 ADULTS (1 WORKING) | |
|---|---|---|
| 0 Children | 1 Child | |
| Required annual income after taxes | $28,778 | $52,850 |
| Annual taxes | $5,903 | $10,840 |
| Required annual income before taxes | $34,680 | $63,690 |
Is it cheaper to live in PA or Florida?
Housing and Cost of Living
When it comes to the cost of living, the Sunshine State is a bit more expensive than the Keystone State, with an index of 102.8 versus Pennsylvania’s 92.5 (based on a nationwide index of 100). Housing prices also follow a similar line.
What is the cheapest county to live in in Pennsylvania?
Pennsylvania counties with the lowest cost of living
- Lawrence County.
- Mercer County. Population: 114,598.
- Washington County. Population: 208,269.
- Potter County. Population: 17,239.
- Crawford County. Population: 87,027.
- Bradford County. Population: 61,808.
- Sullivan County. Population: 6,302.
- Westmoreland County. Population: 359,377.
How much is the average electric bill in Pennsylvania?
$161/month
Electricity bills in Pennsylvania
In Pennsylvania, the average monthly electricity bill for residential consumers is $161/month, which is calculated by multiplying the average monthly consumption by the average rate for electricity: 1,141 kWh * 14 ¢/kWh.
What is the average water bill in Pennsylvania?
The average Pennsylvania American customer currently receives a monthly $118.27 water and sewer bill.
How much is a gas bill in PA?
Gas bill monthly averages by state
| State | Average Gas Bill |
|---|---|
| Pennsylvania | $100.97 |
| Rhode Island | $141.04 |
| South Carolina | $150.03 |
| South Dakota | $75.27 |
Why is my electric bill so high Pennsylvania?
Energy charges are rising for a simple reason: Fuel prices for power generators are increasing, and that’s driven mostly by natural gas. It’s pushing up electricity prices in wholesale power markets.
Why is gas so expensive in Pennsylvania?
Experts say there are several factors contributing to the record high prices. However, the most significant factor is the price of crude oil, which is currently trading near $110. “A gallon of gasoline is made up of 50-60 percent crude oil,” said Jana Tidwell with AAA Public Affairs.
Are gas prices going up in PA?
PA gas prices rise to new record high because of dwindling supplies.
Who has the cheapest electric rates in PA?
Public Power has some of the cheapest electricity in Pennsylvania, with rates starting at just 8 cents per kWh.
What state has the cheapest electric rates?
Across all sectors, Hawaii has the highest electricity rate (27.55 cents), and Louisiana has the lowest electricity rate (7.51 cents).
What is the best energy supplier in PA?
As of January 2022, Constellation earned the highest Provider Score, both in Pennsylvania and overall.