salaryMontgomery is 26% 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
$1,304
$1,867
🛏️ 2-bedroom rent
$1,085
$1,573
💵 Families earn per year
$61,271
$56,147
🔑 Buying a house
$161,900
$373,700
📊 Overall prices (U.S. = 100)
89.7
112.6
🏛️ Property tax per year
$643
$7,262
⚡ Electric bill per month
$185
$143
👥 People living there
197,494
310,178
Commute to work
20.7 min
32.6 min
College degree
33.8%
19.7%
Own their home
54.4%
24.4%
Below poverty line
21.5%
23.4%
Unemployment
6.4%
11.6%
Bottom line
- Pick Montgomery for lower rent, cheaper 2-bedroom apartments, higher incomes and 5 more.
Pay for the same job
| Job | Montgomery | Newark | Difference |
|---|---|---|---|
| Firefighter | $48,780 | $106,420 | +118% in Newark |
| Police Officer | $48,490 | $105,540 | +118% in Newark |
| Dental Hygienist | $60,120 | $109,720 | +83% in Newark |
| Server (Waiter/Waitress) | $26,360 | $47,610 | +81% in Newark |
| Lawyer | $125,290 | $208,880 | +67% in Newark |
| Physician Assistant | $102,040 | $167,650 | +64% in Newark |
| Market Research Analyst | $61,240 | $100,520 | +64% in Newark |
| Elementary School Teacher | $59,610 | $96,900 | +63% in Newark |
Frequently asked questions
Is Montgomery or Newark cheaper to live in?
Montgomery is about 26% cheaper overall. Rent is $1,304 a month there versus $1,867 in Newark.
What salary do I need in Newark to match $60,000 in Montgomery?
About $75,308 a year gives the same standard of living in Newark.
Where do people earn more, Montgomery or Newark?
The typical household earns $61,271 in Montgomery and $56,147 in Newark, 9% more in Montgomery.