salaryIndianapolis 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
$1,465
$1,867
🛏️ 2-bedroom rent
$1,315
$1,573
💵 Families earn per year
$71,417
$56,147
🔑 Buying a house
$224,800
$373,700
📊 Overall prices (U.S. = 100)
95.7
112.6
🏛️ Property tax per year
$2,037
$7,262
⚡ Electric bill per month
$141
$143
👥 People living there
885,860
310,178
Commute to work
24.6 min
32.6 min
College degree
34.9%
19.7%
Own their home
56%
24.4%
Below poverty line
15.8%
23.4%
Unemployment
5.1%
11.6%
Bottom line
- Pick Indianapolis for lower rent, cheaper 2-bedroom apartments, higher incomes and 5 more.
Pay for the same job
| Job | Indianapolis | Newark | Difference |
|---|---|---|---|
| Server (Waiter/Waitress) | $29,050 | $47,610 | +64% in Newark |
| Elementary School Teacher | $60,510 | $96,900 | +60% in Newark |
| Software Developer | $106,870 | $166,830 | +56% in Newark |
| Firefighter | $68,480 | $106,420 | +55% in Newark |
| Market Research Analyst | $65,200 | $100,520 | +54% in Newark |
| Registered Nurse | $84,230 | $119,720 | +42% in Newark |
| Accountant | $79,290 | $105,650 | +33% in Newark |
| Operations Manager | $120,480 | $157,000 | +30% in Newark |
Frequently asked questions
Is Indianapolis or Newark cheaper to live in?
Indianapolis is about 18% cheaper overall. Rent is $1,465 a month there versus $1,867 in Newark.
What salary do I need in Newark to match $60,000 in Indianapolis?
About $70,575 a year gives the same standard of living in Newark.
Where do people earn more, Indianapolis or Newark?
The typical household earns $71,417 in Indianapolis and $56,147 in Newark, 27% more in Indianapolis.