Providence is 10% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Providence to live the same way.
🏠 Rent per month
$1,867
$1,964
🛏️ 2-bedroom rent
$1,573
$1,603
💵 Families earn per year
$56,147
$73,466
🔑 Buying a house
$373,700
$362,200
📊 Overall prices (U.S. = 100)
112.6
101.8
🏛️ Property tax per year
$7,262
$4,418
⚡ Electric bill per month
$143
$126
👥 People living there
310,178
191,767
Commute to work
32.6 min
25 min
College degree
19.7%
34.6%
Own their home
24.4%
41.4%
Below poverty line
23.4%
20.7%
Unemployment
11.6%
8.2%
Bottom line
- Pick Newark for lower rent, cheaper 2-bedroom apartments.
- Pick Providence for higher incomes, cheaper homes, shorter commutes and 3 more.
Pay for the same job
| Job | Newark | Providence | Difference |
|---|---|---|---|
| Firefighter | $106,420 | $66,150 | -38% in Providence |
| Lawyer | $208,880 | $133,000 | -36% in Providence |
| Operations Manager | $157,000 | $110,360 | -30% in Providence |
| Police Officer | $105,540 | $76,850 | -27% in Providence |
| Server (Waiter/Waitress) | $47,610 | $35,750 | -25% in Providence |
| Software Developer | $166,830 | $130,690 | -22% in Providence |
| Dental Hygienist | $109,720 | $89,310 | -19% in Providence |
| Nurse Practitioner | $163,340 | $135,520 | -17% in Providence |
Frequently asked questions
Is Newark or Providence cheaper to live in?
Providence is about 10% cheaper overall. Rent is $1,964 a month there versus $1,867 in Newark.
What salary do I need in Providence to match $60,000 in Newark?
About $54,249 a year gives the same standard of living in Providence.
Where do people earn more, Newark or Providence?
The typical household earns $56,147 in Newark and $73,466 in Providence, 24% more in Providence.