Yonkers is 4% cheaperBased on official 2024 price levels from the U.S. Bureau of Economic Analysis.
I need in Yonkers to live the same way.
🏠 Rent per month
$1,867
$2,436
🛏️ 2-bedroom rent
$1,573
$2,060
💵 Families earn per year
$56,147
$90,108
🔑 Buying a house
$373,700
$501,600
📊 Overall prices (U.S. = 100)
112.6
107.9
🏛️ Property tax per year
$7,262
$9,676
⚡ Electric bill per month
$143
$157
👥 People living there
310,178
209,978
Commute to work
32.6 min
35.6 min
College degree
19.7%
35.7%
Own their home
24.4%
46.2%
Below poverty line
23.4%
13.8%
Unemployment
11.6%
7.1%
Bottom line
- Pick Newark for lower rent, cheaper 2-bedroom apartments, cheaper homes and 1 more.
- Pick Yonkers for higher incomes, a more educated workforce, less poverty and 1 more.
Frequently asked questions
Is Newark or Yonkers cheaper to live in?
Yonkers is about 4% cheaper overall. Rent is $2,436 a month there versus $1,867 in Newark.
What salary do I need in Yonkers to match $60,000 in Newark?
About $57,526 a year gives the same standard of living in Yonkers.
Where do people earn more, Newark or Yonkers?
The typical household earns $56,147 in Newark and $90,108 in Yonkers, 38% more in Yonkers.