New York vs. New Jersey
On a $75,000 salary, you keep about $515 more a year in New Jersey. Prices are about the same, so after adjusting for cost of living New Jersey comes out ahead.
Last verified November 2, 2026.
| New York | New Jersey | |
|---|---|---|
| State income tax | Has a graduated income tax with 9 brackets, from 3.9% up to 10.9% on taxable income over $25,000,000 for single filers. | Has a graduated income tax with 7 brackets, from 1.4% up to 10.75% on taxable income over $1,000,000 for single filers. |
| Minimum wage | $16.00 | $15.92 |
| Price level (U.S. = 100) | 107.9 | 108.8 |
| Employer cost on a $50,000 hire | $5,579 | $6,451 |
| SUTA wage base | $17,600 | $44,800 |
Take-home pay at the same salary
| Salary | New York take-home | New Jersey take-home | Difference |
|---|---|---|---|
| $50,000 | $40,005 | $40,549 | $544 more in New Jersey |
| $75,000 | $57,784 | $58,299 | $515 more in New Jersey |
| $100,000 | $73,877 | $74,197 | $320 more in New Jersey |
| $150,000 | $105,538 | $105,413 | $125 more in New York |
Single filer, standard deduction, tax year 2026. Excludes local income taxes.
Adjusted for cost of living
Using BEA regional price parities, $57,784 in New York buys what $53,543 buys in an average-priced state, and $58,299 in New Jersey buys what $53,581 does. To keep the same buying power moving from New York to New Jersey, a $75,000 salary would need to be about $75,614 before the tax difference.
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Frequently asked questions
- Is New York or New Jersey better for take-home pay?
- On $75,000, you keep about $515 more a year in New Jersey. Adjusted for prices, New Jersey comes out ahead by $38.
- Which state is cheaper for employers, New York or New Jersey?
- Employer taxes and insurance on a $50,000 hire are about $5,579 in New York and $6,451 in New Jersey.