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
$2,806
$1,867
🛏️ 2-bedroom rent
$2,016
$1,573
💵 Families earn per year
$86,801
$56,147
🔑 Buying a house
$777,600
$373,700
📊 Overall prices (U.S. = 100)
112.6
112.6
🏛️ Property tax per year
$6,547
$7,262
⚡ Electric bill per month
$132
$143
👥 People living there
8,483,844
310,178
Commute to work
40.3 min
32.6 min
College degree
41.6%
19.7%
Own their home
32.8%
24.4%
Below poverty line
17.9%
23.4%
Unemployment
8%
11.6%
Bottom line
- Pick New York for higher incomes, a more educated workforce, less poverty and 1 more.
- Pick Newark for lower rent, cheaper 2-bedroom apartments, cheaper homes and 1 more.
Pay for the same job
| Job | New York | Newark | Difference |
|---|---|---|---|
| Registered Nurse | $119,720 | $119,720 | 0% in Newark |
| Nurse Practitioner | $163,340 | $163,340 | 0% in Newark |
| Licensed Practical Nurse | $75,910 | $75,910 | 0% in Newark |
| Nursing Assistant | $49,270 | $49,270 | 0% in Newark |
| Medical Assistant | $48,370 | $48,370 | 0% in Newark |
| Pharmacist | $141,320 | $141,320 | 0% in Newark |
| Physician Assistant | $167,650 | $167,650 | 0% in Newark |
| Dental Hygienist | $109,720 | $109,720 | 0% in Newark |
Frequently asked questions
Is New York or Newark cheaper to live in?
New York 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 New York?
About $60,000 a year gives the same standard of living in Newark.
Where do people earn more, New York or Newark?
The typical household earns $86,801 in New York and $56,147 in Newark, 55% more in New York.