Newark, NJ — Cost of Living
2024 data · BEA Regional Price Parities · U.S. Census ACS
112.6
Overall Index
100 = U.S. avg
$703,000
Median Home Price
Purchase
$3,225
Median Rent
Per month
$95,200
Median Income
Household
5.2%
Unemployment
Rate
311,549
Population
Residents
Category Cost Indices
🏠
148.6
Housing
🛒
110.3
Groceries
🚗
111.1
Transport
🏥
100.5
Healthcare
⚡
127
Utilities
100 = U.S. national average
Top Industries
HealthcareManufacturingLogisticsGovernmentFinance
Compare Newark Against Other Cities
Newark vs Atlantic City, NJ
Atlantic City index: 98.9
-12.2%
Newark vs Jersey City, NJ
Jersey City index: 112.6
0%
Newark vs Trenton, NJ
Trenton index: 103.2
-8.3%
Newark vs St. Paul, MN
St. Paul index: 104.8
-6.9%
Newark vs Santa Ana, CA
Santa Ana index: 113.6
+0.9%
Newark vs Cincinnati, OH
Cincinnati index: 95.4
-15.3%
Newark vs Riverside, CA
Riverside index: 106.4
-5.5%
Newark vs Irvine, CA
Irvine index: 113.6
+0.9%
Newark can be compared against 294 other cities. View all NJ cities →