About 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
$2,591
$1,867
🛏️ 2-bedroom rent
$2,138
$1,573
💵 Families earn per year
$100,540
$56,147
🔑 Buying a house
$503,700
$373,700
📊 Overall prices (U.S. = 100)
110.7
112.6
🏛️ Property tax per year
$3,349
$7,262
⚡ Electric bill per month
$168
$143
👥 People living there
211,666
310,178
Commute to work
35.5 min
32.6 min
College degree
17.8%
19.7%
Own their home
63.3%
24.4%
Below poverty line
11.7%
23.4%
Unemployment
7.1%
11.6%
Bottom line
- Pick Moreno Valley for higher incomes, less poverty, lower unemployment.
- Pick Newark for lower rent, cheaper 2-bedroom apartments, cheaper homes and 2 more.
Frequently asked questions
Is Moreno Valley or Newark cheaper to live in?
Moreno Valley 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 Moreno Valley?
About $60,999 a year gives the same standard of living in Newark.
Where do people earn more, Moreno Valley or Newark?
The typical household earns $100,540 in Moreno Valley and $56,147 in Newark, 79% more in Moreno Valley.