Cost of Living Comparisons
Source: Council for Community and Economic Research (C2ER) www.coli.org
ACCRA Cost of Living Index The ACCRA Cost of Living Index is published by the Council for Community and Economic Research, an authority recognized by the U.S. Census Bureau, U.S. Bureau of Labor Statistics, CNN Money, and the President's Council of Economic Advisors. Cost of Living Index data, with methodology described in detail and available to users, is continually reviewed by academic researchers and government officials and is referenced in the U.S. Census Bureau's Statistical Abstract of the United States.
Comparison of Salary Requirements
Salary Requirements Comparison of $200,000
Virginia Washington, D.C. Arlington Alexandria | Maryland Bethesda Gaithersburg Frederick | New Jersey Middlesex Monmouth | Pennsylvania Philadelphia & Suburbs | |
After-Tax Income | $200,000 | $200,000 | $200,000 | $200,000 |
Sussex County Delaware Equivalent Requirement | $143,884 | $150,150 | $155,763 | $160,000 |
State Tax Comparisons*
VA | MD | NJ | PA | DE | |
Sales Tax Rate | 5% | 5% | 7% | 6% | 0% |
Income Tax Marginal Rate at $200,000 | 5.75% | 4.75% | 6.37% | 3.07% | 5.95% |
$200,000 Home: Typical Annual Real Estate Tax* | $1,977 | $3,143 | $4,047 | $3,927 | $1,694 |
*Source: Minnesota Taxpayers Assoc. Survey of US Homestead Taxation 2000
Cost of Living Comparisons: Summary
VA | MD | NJ | PA | DE | National Average | |
Composite | 139.0 | 133.2 | 128.4 | 125.0 | 100 | 100 |
Housing | 215.6 | 191.1 | 171.2 | 148.4 | 86.0 | 100 |
Transportation | 109.7 | 114.6 | 106.4 | 108.0 | 96.1 | 100 |