CostIndexUSA

Green Bay, WI vs Newark, NJ Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

More AffordableWI
Green Bay
93.1
overall index
$1,000/mo rent
NJ
Newark
112.6
overall index
$3,225/mo rent

Green Bay is significantly cheaper than Newark — 20.9% lower overall cost of living.

To match an $80,000 salary in Green Bay, you would need $96,800 in Newark. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing+98.9%
Green Bay
74.7
Newark
148.6
🛒 Groceries+17.6%
Green Bay
93.8
Newark
110.3
🚗 Transportation+6.4%
Green Bay
104.4
Newark
111.1
🏥 Healthcare+6.5%
Green Bay
94.4
Newark
100.5
Utilities+41.1%
Green Bay
90
Newark
127

Salary Equivalency Calculator

Enter your current salary in Green Bay to see what you'd need to earn in Newark to maintain the same purchasing power.

$
Equivalent salary in Newark, NJ
$96,800
$16,800 more needed in Newark

Formula: salary × (112.6 ÷ 93.1) = salary × 1.2095. Based on BEA Regional Price Parities.

Housing Market

Green Bay, WI

Median Home Price
$326,000
Median Monthly Rent
$1,000
Housing Index
74.7
Price-to-Rent Ratio
27.2×

Newark, NJ

Median Home Price
$703,000
Median Monthly Rent
$3,225
Housing Index
148.6
Price-to-Rent Ratio
18.2×

Newark has 98.9% higher housing costs compared to Green Bay.

Income & Job Market

Green Bay, WI

Median Household Income
$76,200
Per Capita Income
$43,400
Unemployment Rate
2.1%
Population
107,395
Top Industries
ManufacturingHealthcareTourismFinanceRetail

Newark, NJ

Median Household Income
$95,200
Per Capita Income
$54,300
Unemployment Rate
5.2%
Population
311,549
Top Industries
HealthcareManufacturingLogisticsGovernmentFinance

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Green Bay, WI
6.3×income-to-rent ratio

84% of income left after rent (median)

Newark, NJ
2.5×income-to-rent ratio

59% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.