Cost of Living in Newark, NJ
Overall index: 95 (100 = US national average). Data source: US Census ACS 2023 & BLS OEWS 2025, 2025.
Overall Cost of Living Index
Cost Breakdown by Category
| Category | Index | vs US avg | Sample cost |
|---|---|---|---|
| Housing | 97 | -3% | $931 |
| Transportation | 115 | +15% | $3.50 |
| Food | 65 | -35% | $267 |
| Utilities | 99 | -1% | $175 |
| Healthcare | 99 | -1% | $126 |
Index 100 = US national average. Higher = more expensive.
Cost breakdown (visual)
Salary Calculator: What do you need to earn in Newark?
A single adult living comfortably in Newark, NJ needs approximately $33,250 / year after taxes.
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Frequently Asked Questions
What is the cost of living in Newark, NJ?
The overall cost of living in Newark, NJ is 5% lower than the US national average (index: 95 where 100 = national average).
How much is rent in Newark, NJ?
Average rent for a 1-bedroom apartment in Newark, NJ is about $931/month.
Is Newark, NJ expensive to live in?
Costs in Newark, NJ are roughly in line with the national average.
What salary do I need to live in Newark, NJ?
A single adult needs roughly $33,250/year to cover basic living costs in Newark, NJ.