Cost of living in Jersey: The Red Queen Effect

It's called 'the Red Queen effect' because 'it takes all the running you can do to keep in the same place' -- as the Red Queen observed to Alice in Through the Looking-Glass.

As if you didn't know it already, the just released Monmouth U/NJ Monthly poll, finds that costs are rising faster than incomes can accommodate in New Jersey --

"The poll found 72 percent of New Jersey households earning below $50,000 a year and 64 percent of those earning between $50,000 and $100,000 said their incomes cannot keep pace with the cost of living. So did 44 percent of those earning more than $100,000.

Most households earning more than $100,000 require a second income to reach that level, the survey found."

"The large number of upper income families in the Garden State who feel they can't make ends meet is something you just don't see in the country as a whole," said Patrick Murray, Monmouth U. poll director.

As if you didn't know, already. Read more on the Ledger blog.

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More --

• The Ledger 'breaking news' blog: "Poll: NJ cost of living rising beyond incomes"

-- Dan Damon

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