Quick answer
Prices in New Jersey were 8.8% above the US average in 2024 (Regional Price Parity 108.8, US = 100), with a housing-rent index of 134.3, per the U.S. Bureau of Economic Analysis.
Data as of 2024. Source: U.S. Bureau of Economic Analysis, Regional Price Parities (2024)
| Category | Price index (US = 100) |
|---|---|
| All items | 108.805 |
| Goods | 107.066 |
| Housing (rents) | 134.292 |
| Utilities | 114.187 |
| Other services | 103.529 |
| — All items by year — | |
| 2024 | 108.805 |
| 2023 | 108.941 |
| 2022 | 108.759 |
| 2021 | 109.157 |
| 2020 | 110.722 |
| 2019 | 111.188 |
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Last updated 2026-10-16. Data only, not financial or tax advice.