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Cost of Living in Newark, NJ

107.1
Above Average · National average is 100

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$46,460
Median Income
$1,273/mo
Median Rent
$312,300
Median Home
307,355
Population

Cost Breakdown

🏠Housing
110
0Nat'l Avg (100)200
🛒Groceries
110.4
0Nat'l Avg (100)200
🚗Transportation
96.1
0Nat'l Avg (100)200
🏥Healthcare
89
0Nat'l Avg (100)200
⚡Utilities
103.1
0Nat'l Avg (100)200

Fair Market Rents (HUD)

Some values estimated
Studio1 BR2 BR3 BR4 BR
$993
est.
$1,120
est.
$1,273$1,629
est.
$1,859
est.

Est. values are derived from the census median rent using national HUD bedroom ratios. Actual HUD Fair Market Rents may differ.

Nearby Cities

Compare Newark with cities in the area

Harrison, NJ
Expensive
143.4
East Newark, NJ
Above Average
117.8
East Orange, NJ
Above Average
105.2
Kearny, NJ
Expensive
127
Elizabeth, NJ
Above Average
116.3
North Arlington, NJ
Expensive
134.8
Compare Newark vs HarrisonCompare Newark vs East NewarkCompare Newark vs East Orange