Austin is 9% cheaper than Jersey City.
When comparing Austin, TX and Jersey City, NJ, the overall cost of living indices are 134 and 148 respectively (national median = 100). Rent is $247/month cheaper in Austin, saving renters about $2,964/year.
Median household income is $3,352/year higher in Jersey City. Home values also differ significantly — the median in Austin is $512,700 compared to $534,500 in Jersey City.
Texas has no state income tax, giving Austin residents a significant tax advantage over New Jersey's 10.75% rate.
Austin vs Jersey City — common questions
Other cost of living comparisons for Austin and Jersey City