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Old 03-04-2008, 10:43 AM
Location: Central Jersey - Florida
3,377 posts, read 13,382,648 times
Reputation: 2245


I'm interested in knowing what financial advantages that retirees (especially those from New Jersey) feel they have benefited from in the move. I'm aware of the lower home costs as well as property taxes but what about the tax rates as well as utilities etc. Does the overall cost of living eventually balance out with New Jersey or is there a big advantage? For example I have researched homes for sale in Waxhax, Union County. I know that homes comparable in size to my current house have property taxes that are about $5K less than what I'm paying now. On the other hand I will fall into the states 7% income tax bracket. What's your thoughts?

Last edited by exhdo1; 03-04-2008 at 10:56 AM..
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