salaryAbout the sameBased 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
$2,538
$1,867
🛏️ 2-bedroom rent
$1,983
$1,573
💵 Families earn per year
$67,365
$56,147
🔑 Buying a house
$518,100
$373,700
📊 Overall prices (U.S. = 100)
114.2
112.6
🏛️ Property tax per year
$4,586
$7,262
⚡ Electric bill per month
$133
$143
👥 People living there
459,745
310,178
Commute to work
27.3 min
32.6 min
College degree
37.4%
19.7%
Own their home
30.8%
24.4%
Below poverty line
19.4%
23.4%
Unemployment
5.2%
11.6%
Bottom line
- Pick Miami 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 | Miami | Newark | Difference |
|---|---|---|---|
| Elementary School Teacher | $58,300 | $96,900 | +66% in Newark |
| Operations Manager | $105,640 | $157,000 | +49% in Newark |
| Carpenter | $51,570 | $74,300 | +44% in Newark |
| Firefighter | $75,710 | $106,420 | +41% in Newark |
| Plumber | $57,760 | $78,610 | +36% in Newark |
| Electrician | $58,630 | $79,020 | +35% in Newark |
| HVAC Technician | $58,040 | $77,990 | +34% in Newark |
| Dental Hygienist | $82,780 | $109,720 | +33% in Newark |
Frequently asked questions
Is Miami or Newark cheaper to live in?
Miami and Newark cost about the same once rent and everyday costs are combined.
What salary do I need in Newark to match $60,000 in Miami?
About $59,163 a year gives the same standard of living in Newark.
Where do people earn more, Miami or Newark?
The typical household earns $67,365 in Miami and $56,147 in Newark, 20% more in Miami.