salaryCharlotte is 16% 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
$1,881
$1,867
🛏️ 2-bedroom rent
$1,690
$1,573
💵 Families earn per year
$88,510
$56,147
🔑 Buying a house
$385,700
$373,700
📊 Overall prices (U.S. = 100)
97.3
112.6
🏛️ Property tax per year
$2,808
$7,262
⚡ Electric bill per month
$126
$143
👥 People living there
903,844
310,178
Commute to work
24.7 min
32.6 min
College degree
48%
19.7%
Own their home
51%
24.4%
Below poverty line
11.7%
23.4%
Unemployment
4.6%
11.6%
Bottom line
- Pick Charlotte 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 | Charlotte | Newark | Difference |
|---|---|---|---|
| Firefighter | $38,700 | $106,420 | +175% in Newark |
| Police Officer | $63,190 | $105,540 | +67% in Newark |
| Elementary School Teacher | $58,680 | $96,900 | +65% in Newark |
| Carpenter | $50,960 | $74,300 | +46% in Newark |
| Operations Manager | $112,730 | $157,000 | +39% in Newark |
| Plumber | $58,690 | $78,610 | +34% in Newark |
| Electrician | $59,080 | $79,020 | +34% in Newark |
| Lawyer | $157,180 | $208,880 | +33% in Newark |
Frequently asked questions
Is Charlotte or Newark cheaper to live in?
Charlotte is about 16% cheaper overall. Rent is $1,881 a month there versus $1,867 in Newark.
What salary do I need in Newark to match $60,000 in Charlotte?
About $69,378 a year gives the same standard of living in Newark.
Where do people earn more, Charlotte or Newark?
The typical household earns $88,510 in Charlotte and $56,147 in Newark, 58% more in Charlotte.