Let’s discuss how much a family of four needs to survive in New Jersey, county by county. Calculating the Basics If you're considering a job offer while supporting a spouse and two kids, you might wonder if the paycheck is fair. Luckily, MIT has a Living Wage Calculator that can help. By utilizing data from various reputable sources such as the U.S. Bureau of Labor Statistics and Housing and Urban Development, the calculator estimates the minimum income required to cover essential needs in specific regions. It goes beyond state borders, recognizing the significant cost differences within a state. Surviving the Cost of Living An article from APP.com delves into the income required for a family of four to live in each New Jersey county. It's important to note that this income is for surviving only, with no room for savings or luxury. The findings are shocking, highlighting the harsh reality of making ends meet in the Garden State. Eye-opening Insights According to the Living Wage Calculator, here's how much a couple with two children needs to get by in each New Jersey county. This information sheds light on the harsh reality of living in our state, prompting a call for change. Affordable Living Options SmartAsset recently conducted a study on the most affordable places to live in New Jersey. The study, considering factors like taxes, homeowners' insurance, and housing costs relative to income, provides valuable insights for individuals and families alike. Whether you're a single person, a single parent, or a couple with kids, finding affordable housing options is crucial in today's economic landscape.
Surviving in New Jersey: How Much a Family of Four Needs in Each County
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