salaryAlbuquerque is 18% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Newark to live the same way.
🏠 Rent per month
$1,401
$1,867
🛏️ 2-bedroom rent
$1,284
$1,573
💵 Families earn per year
$73,680
$56,147
🔑 Buying a house
$291,500
$373,700
📊 Overall prices (U.S. = 100)
95.5
112.6
🏛️ Property tax per year
$2,678
$7,262
⚡ Electric bill per month
$94
$143
👥 People living there
562,218
310,178
Commute to work
22.4 min
32.6 min
College degree
39.2%
19.7%
Own their home
61.8%
24.4%
Below poverty line
15.5%
23.4%
Unemployment
5.4%
11.6%
Bottom line
- Pick Albuquerque for lower rent, cheaper 2-bedroom apartments, higher incomes and 5 more.
Pay for the same job
| Job | Albuquerque | Newark | Difference |
|---|---|---|---|
| Firefighter | $42,420 | $106,420 | +151% in Newark |
| Lawyer | $114,610 | $208,880 | +82% in Newark |
| Operations Manager | $94,640 | $157,000 | +66% in Newark |
| Market Research Analyst | $62,040 | $100,520 | +62% in Newark |
| Police Officer | $73,380 | $105,540 | +44% in Newark |
| HVAC Technician | $57,110 | $77,990 | +37% in Newark |
| Software Developer | $123,700 | $166,830 | +35% in Newark |
| Electrician | $59,120 | $79,020 | +34% in Newark |
Frequently asked questions
Is Albuquerque or Newark cheaper to live in?
Albuquerque is about 18% cheaper overall. Rent is $1,401 a month there versus $1,867 in Newark.
What salary do I need in Newark to match $60,000 in Albuquerque?
About $70,686 a year gives the same standard of living in Newark.
Where do people earn more, Albuquerque or Newark?
The typical household earns $73,680 in Albuquerque and $56,147 in Newark, 31% more in Albuquerque.