Side-by-side tax comparison between New Jersey (10.75% top rate) and Rhode Island (5.99% top rate).
| Salary | New Jersey | Rhode Island | Difference | Winner |
|---|---|---|---|---|
| $50K | $38,266 | $40,051 | +$1,785 | Rhode Island |
| $75K | $55,256 | $57,933 | +$2,678 | Rhode Island |
| $100K | $70,828 | $74,398 | +$3,570 | Rhode Island |
| $150K | $101,352 | $106,707 | +$5,355 | Rhode Island |
| $200K | $132,978 | $140,118 | +$7,140 | Rhode Island |
Rhode Island offers higher take-home pay at every salary level. Rhode Island's 5.99% top rate is more favorable than New Jersey's 10.75%. At $100K, the difference is $3,570/year — that’s $298/month.
However, cost of living matters. New Jersey has a cost index of 115 while Rhode Island is at 105. With similar costs of living, the tax difference is the main factor.