salaryAustin is 15% 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
$1,932
$1,867
🛏️ 2-bedroom rent
$1,941
$1,573
💵 Families earn per year
$101,010
$56,147
🔑 Buying a house
$555,300
$373,700
📊 Overall prices (U.S. = 100)
98.1
112.6
🏛️ Property tax per year
$8,024
$7,262
⚡ Electric bill per month
$134
$143
👥 People living there
979,539
310,178
Commute to work
23.7 min
32.6 min
College degree
59.6%
19.7%
Own their home
43.4%
24.4%
Below poverty line
12%
23.4%
Unemployment
4.7%
11.6%
Bottom line
- Pick Austin for higher incomes, shorter commutes, a more educated workforce and 2 more.
- Pick Newark for lower rent, cheaper 2-bedroom apartments, cheaper homes.
Pay for the same job
| Job | Austin | Newark | Difference |
|---|---|---|---|
| Firefighter | $58,830 | $106,420 | +81% in Newark |
| Server (Waiter/Waitress) | $27,260 | $47,610 | +75% in Newark |
| Elementary School Teacher | $61,270 | $96,900 | +58% in Newark |
| Carpenter | $50,260 | $74,300 | +48% in Newark |
| Lawyer | $153,330 | $208,880 | +36% in Newark |
| Operations Manager | $117,850 | $157,000 | +33% in Newark |
| Electrician | $60,390 | $79,020 | +31% in Newark |
| Police Officer | $82,290 | $105,540 | +28% in Newark |
Frequently asked questions
Is Austin or Newark cheaper to live in?
Austin is about 15% cheaper overall. Rent is $1,932 a month there versus $1,867 in Newark.
What salary do I need in Newark to match $60,000 in Austin?
About $68,870 a year gives the same standard of living in Newark.
Where do people earn more, Austin or Newark?
The typical household earns $101,010 in Austin and $56,147 in Newark, 80% more in Austin.