We all know that living in New Jersey can be expensive.

Some of the reasons New Jersey is so expensive include:

⚫ Rent: The average rent for a one-bedroom apartment is $1800 while the average rent for a three bedroom apartment is $3171. These prices vary depending on the location, size, and quality of the apartment..

⚫ Utilities: These costs include electricity, heating, water, garbage, and internet. You can save money on utilities by using energy-efficient appliances, adjusting the thermostat, and conserving water.

⚫ Food: The average monthly food cost for a single person in New Jersey is $613, while the average monthly food cost for a family of four is $1605.These costs include groceries, dining out, and fast food.

⚫ Healthcare: The average monthly healthcare cost for a single person in New Jersey is $147, while the average monthly healthcare cost for a family of four is $588. These costs include doctor’s visits, prescriptions, and insurance premiums. You can minimize your healthcare costs by staying healthy, choosing a suitable insurance plan, and comparing prices for medical services and drugs.

All that being said, we also have one of the highest standards of living in the country, too. I have never seen a fact that brings that home more than this: New Jersey has the highest percentage of luxury car owners in the country.

According to iseecars.com, the percentage of cars on the road that are considered luxury is 30.6%. The next closest is Connecticut at 28.3%.

The national rate is 19.2%. The state with the lowest incidence of luxury car owning is Wyoming at just 4.8%.

LOOK: Here are the best small towns to live in across America

LOOK: 35 Vintage Cereals That Perfectly Captured Pop Culture Moments

Movies and TV shows have always found ways to partner with cereal companies as part of their promotion strategy. While some may have come up with a giveaway in boxes, others went big by having their own cereal connected to the movie or TV show title. Here are vintage cereals that were used to promote some of pop culture's biggest moments (and some you probably forgot about).

Gallery Credit: Rob Carroll

Opinions expressed in the post above are those of New Jersey 101.5 talk show host Bill Doyle only.

You can now listen to Deminski & Doyle — On Demand! Hear New Jersey’s favorite afternoon radio show any day of the week. Download the Deminski & Doyle show wherever you get podcasts, on our free app, or listen right now.

Click here to contact an editor about feedback or a correction for this story.

More From 105.7 The Hawk