Newark, NJ vs Paterson, NJ: Cost of Living Comparison
Both cities have a very similar overall cost of living. (100 = US national average)
Category-by-Category Comparison
| Category | Newark | Paterson | Cheaper |
|---|---|---|---|
| Overall cost of living | 95 | 95 | Tie |
| Housing | 97 ($931) | 96 ($1,020) | Paterson |
| Transportation | 115 ($3.50) | 113 ($3.50) | Paterson |
| Food & groceries | 65 ($267) | 72 ($295) | Newark |
| Utilities | 99 ($175) | 98 ($173) | Paterson |
| Healthcare | 99 ($126) | 98 ($125) | Paterson |
| Median annual wage | 121 ($58,570) | 121 ($58,570) | Tie |
Index 100 = US national average. Lower = cheaper. For wage, higher = better.
Frequently Asked Questions
Is Newark, NJ or Paterson, NJ cheaper to live in?
Newark, NJ and Paterson, NJ have essentially the same overall cost of living index (~95).
What salary do I need in Newark, NJ vs Paterson, NJ?
A single adult needs roughly $33,250/year in Newark, NJ and $33,250/year in Paterson, NJ to cover basic living costs.