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Colorado Springs vs Newark: which is cheaper?

Colorado Springs is 12% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.

I need $67,064 in Newark to live the same way.

🏠 Rent per month
$1,901
$1,867
🛏️ 2-bedroom rent
$1,691
$1,573
💵 Families earn per year
$91,476
$56,147
🔑 Buying a house
$452,600
$373,700
📊 Overall prices (U.S. = 100)
100.7
112.6
🏛️ Property tax per year
$1,765
$7,262
⚡ Electric bill per month
$139
$143
👥 People living there
487,887
310,178
Commute to work
22.7 min
32.6 min
College degree
42.7%
19.7%
Own their home
60.9%
24.4%
Below poverty line
9%
23.4%
Unemployment
5.6%
11.6%

Bottom line

Pay for the same job

JobColorado SpringsNewarkDifference
Lawyer$106,320$208,880+96% in Newark
Firefighter$63,110$106,420+69% in Newark
Elementary School Teacher$61,140$96,900+58% in Newark
Electrician$59,210$79,020+33% in Newark
Operations Manager$120,770$157,000+30% in Newark
Plumber$60,510$78,610+30% in Newark
Carpenter$57,430$74,300+29% in Newark
HVAC Technician$61,460$77,990+27% in Newark

Frequently asked questions

Is Colorado Springs or Newark cheaper to live in?

Colorado Springs is about 12% cheaper overall. Rent is $1,901 a month there versus $1,867 in Newark.

What salary do I need in Newark to match $60,000 in Colorado Springs?

About $67,064 a year gives the same standard of living in Newark.

Where do people earn more, Colorado Springs or Newark?

The typical household earns $91,476 in Colorado Springs and $56,147 in Newark, 63% more in Colorado Springs.

More comparisons

All Colorado Springs comparisons → · All Newark comparisons →

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