New York, NY vs Newark, NJ: Cost of Living Comparison
Newark has the lower overall cost of living. (100 = US national average)
Category-by-Category Comparison
| Category | New York | Newark | Cheaper |
|---|---|---|---|
| Overall cost of living | 161 | 95 | Newark |
| Housing | 216 ($1,245) | 97 ($931) | Newark |
| Transportation | 108 ($3.50) | 115 ($3.50) | New York |
| Food & groceries | 107 ($439) | 65 ($267) | Newark |
| Utilities | 158 ($389) | 99 ($175) | Newark |
| Healthcare | 158 ($281) | 99 ($126) | Newark |
| Median annual wage | 123 ($59,670) | 121 ($58,570) | Newark |
Index 100 = US national average. Lower = cheaper. For wage, higher = better.
Frequently Asked Questions
Is New York, NY or Newark, NJ cheaper to live in?
Newark, NJ is cheaper overall by about 66 index points (New York, NY: 161, Newark, NJ: 95; 100 = US national average).
What salary do I need in New York, NY vs Newark, NJ?
A single adult needs roughly $56,350/year in New York, NY and $33,250/year in Newark, NJ to cover basic living costs.