In NJ, I would be faced with similar problems, with the exception of health insurance, which is covered by wife's employment. The main drivers I think about, in case the hammer comes down on me next year are:
- Real estate taxes approx 1K per month. Since wife works out of state, we would be highly driven to sell house and move out of NJ. I believe we could knock that tax in half, for a nets savings of $500.
- Wife's pension is 5-10 years down the road. May or may not be able to exclude a portion of that from NJ tax.
- Healthcare uncertainty if wife loses job (pre-existing conditions for both)
Moving from NJ is something to consider at some point.