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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
Requirement |
$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
(100%) |
139.0 |
133.2 |
128.4 |
125.0 |
100 |
100 |
Housing
(28%) |
215.6 |
191.1 |
171.2 |
148.4 |
86.0 |
100 |
Transportation
(10%) |
109.7 |
114.6 |
106.4 |
108.0 |
96.1 |
100 |
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