The 7% Pay Cut: Why New Jersey is Officially the Worst State for Inflation
the staff of the Ridgewood blog
Trenton NJ, it’s official: New Jersey residents have lost more purchasing power than anyone else in America over the last five years.
According to a startling new study by MyPerfectResume, the Garden State has been crowned the hardest-hit state in the nation regarding the “value of money” since 2020. While your paycheck might look bigger on paper, the reality of the New Jersey economy in 2026 is that your money simply doesn’t go as far as it used to.
