Baltimore is 8% 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
$1,619
$1,867
🛏️ 2-bedroom rent
$1,479
$1,573
💵 Families earn per year
$67,058
$56,147
🔑 Buying a house
$229,600
$373,700
📊 Overall prices (U.S. = 100)
104.5
112.6
🏛️ Property tax per year
$3,354
$7,262
⚡ Electric bill per month
$157
$143
👥 People living there
573,243
310,178
Commute to work
29.1 min
32.6 min
College degree
36.1%
19.7%
Own their home
47.5%
24.4%
Below poverty line
19.7%
23.4%
Unemployment
6.5%
11.6%
Bottom line
- Pick Baltimore for lower rent, cheaper 2-bedroom apartments, higher incomes and 5 more.
Pay for the same job
| Job | Baltimore | Newark | Difference |
|---|---|---|---|
| Lawyer | $132,400 | $208,880 | +58% in Newark |
| Firefighter | $73,810 | $106,420 | +44% in Newark |
| Police Officer | $76,530 | $105,540 | +38% in Newark |
| Market Research Analyst | $74,620 | $100,520 | +35% in Newark |
| Operations Manager | $117,040 | $157,000 | +34% in Newark |
| Server (Waiter/Waitress) | $36,170 | $47,610 | +32% in Newark |
| Elementary School Teacher | $76,400 | $96,900 | +27% in Newark |
| Plumber | $63,200 | $78,610 | +24% in Newark |
Frequently asked questions
Is Baltimore or Newark cheaper to live in?
Baltimore is about 8% cheaper overall. Rent is $1,619 a month there versus $1,867 in Newark.
What salary do I need in Newark to match $60,000 in Baltimore?
About $64,638 a year gives the same standard of living in Newark.
Where do people earn more, Baltimore or Newark?
The typical household earns $67,058 in Baltimore and $56,147 in Newark, 19% more in Baltimore.