Cost of Living in Newark, NJ

Newark, NJ scores 120 on the cost-of-living index — about 20% more expensive than the US average of 100, and #15 of 77 US cities we track.

120
Overall index
143
Housing index
#15
of 77 cities

Compare your salary: Newark vs any US city

Enter where you live now and what you earn — see the equivalent salary needed in Newark to keep the same standard of living.

$155,833
Equivalent salary in New York City
+$55,833
Raise needed
+55.8%
Cost of living more expensive

To live the way $100,000 affords in Newark, NJ, you would need about $155,833 in New York City, NY — roughly 55.8% more.

CategoryNewarkNew York CityDiff
Overall index120187+56%
Housing143287+101%
Groceries108137+27%
Utilities111130+17%
Transportation110120+9%
Healthcare106128+21%

Newark cost-of-living breakdown

CategoryIndexvs US avg
Overall120+20%
Housing143+43%
Groceries108+8%
Utilities111+11%
Transportation110+10%
Healthcare106+6%

Note These are approximate comparative estimates on a US-average = 100 scale (the C2ER/ACCRA and BestPlaces convention). Category sub-indices are modeled from the overall composite. Actual costs vary by neighborhood, household and lifestyle — treat the numbers as directional.

Frequently asked questions

Is Newark expensive to live in?

Newark, NJ has a cost-of-living index of 120, where the US average is 100. That makes it about 20% more expensive than a typical US city, and ranks it #15 of 77 cities in our index. Housing is the biggest single factor, with a housing index of 143.

What is the cost-of-living index for Newark?

The overall index is 120 (US average = 100). By category: housing 143, groceries 108, utilities 111, transportation 110 and healthcare 106. A value above 100 means costlier than average; below 100 means cheaper.

How much salary do I need to live in Newark?

It depends on where you're moving from. Use the calculator above: enter your current city and salary, and it scales your pay by the ratio of the two cities' indices to show the equivalent salary needed in Newark to keep the same standard of living.

How is the Newark cost-of-living index calculated?

It is a comparative estimate on the same US-average = 100 scale used by the C2ER/ACCRA Cost of Living Index and BestPlaces, spanning housing, groceries, utilities, transportation and healthcare. Category sub-indices are modeled from the overall composite. These are approximate estimates — actual costs vary by neighborhood, household and lifestyle.

Which is the cheapest category in Newark?

In Newark, healthcare is the most affordable category relative to the US average (index 106), while housing is the priciest (index 143).

Northeast cities with a similar cost