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Same Portfolio. Same Retirement. A 10-Mile Move Costs One Couple $10,000 A Year
Key takeaways
- Combined state taxes, property taxes, and a 12% higher cost of living leave the New Jersey couple roughly $10,000 less in spendable income each year.
- At 7% reinvested returns, that $10,000 annual gap compounds to roughly $138,000 over 10 years and $410,000 over 20 years.
- SmartAsset's free tool can match you with a financial advisor in minutes to help you answer that today.
Same Portfolio. Same Retirement. A 10-Mile Move Costs One Couple $10,000 A Year Drew Wood Sat, June 27, 2026 at 9:09 PM GMT+7 5 min read Quick Read New Jersey's near-4% property tax rate versus Pennsylvania's 2% costs the Ewing couple roughly $7,350 more annually on a comparable $500,000 home.
Combined state taxes, property taxes, and a 12% higher cost of living leave the New Jersey couple roughly $10,000 less in spendable income each year.
At 7% reinvested returns, that $10,000 annual gap compounds to roughly $138,000 over 10 years and $410,000 over 20 years.
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