Cost of living in Newark, New Jersey (Average Prices in Newark 2024)

In Newark, New Jersey, 23.21 % of the population owns their homes, while approximately 76.79% rent. The average cost of a single-family home in Newark, New Jersey in 2024 is $ 431,023 which is highest in the United States and low in New Jersey.

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Cost Of Living In Newark, New Jersey (Average Prices In Newark 2024)

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Newark, NJ Cost Of Living - Sperling's BestPlaces

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Newark, New Jersey gets a BestPlaces Cost of Living score of 135, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 35.0% …

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Newark, NJ Living: A Detailed Breakdown Of Cost Of Living And …

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Oct 21, 2024 · The cost of living in Newark exceeds the national average but remains more affordable than Jersey City or Manhattan. The median home price in Newark, at $344,800, is …

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Cost Of Living In Newark, New Jersey - Payscale

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Newark, New Jersey’s cost of living is 15% higher than the national average. Compare cost of living in Newark with factors like salaries, housing expenses, groceries, utilities and more.

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Cost Of Living In Newark, NJ | Cost Of Living Index | ERI - Erieri.com

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The cost of living in Newark, New Jersey is 29% higher than national average. See what it costs to live in Newark and the quality of life.

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What Was The Average Home Sale Price In Your Town In 2024?

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2 days ago · The New Jersey housing market remained hot in 2024 with the price of single-family homes rising more than 11%, according to New Jersey Realtors housing market data. That …

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Newark, NJ Cost Of Living - Sperling's BestPlaces

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A typical home costs $385,700, which is 14.1% more expensive than the national average of $338,100 and 10.7% less expensive than the average New Jersey home, at $432,100. …

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23 Kearney St #1 Newark, NJ 07104 - Trulia

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15 hours ago · 23 Kearney St #1, Newark, NJ 07104 is a 3 bed, 2 bath Apartment listed for rent on Trulia for $2,500. See 18 photos, review amenities, and request a tour of the property today.

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FAQs about Cost of living in Newark, New Jersey (Average Prices in Newark 2024) Coupon?

How much does it cost to live in Newark NJ?

To live comfortably in Newark, New Jersey, a minimum annual income of $73,800 for a family, and $46,400 for a single person is recommended. Our cost of living indices are based on a US average of 100. An amount below 100 means Newark is cheaper than the US average. ...

Is Newark a good place to live?

Newark, New Jersey gets a BestPlaces Cost of Living index of 135, which means the total cost of housing, food, child care, transportation, health care, taxes, and other necessities is 35.0 percent higher than the U.S. average and 12.7 percent lower than the average for New Jersey. ...

What was the average home price in Newark in December 2023?

In December 2023, the average home price in Newark was $375K, according to the data. This represents a 1.65% increase above the asking price on average. ...

How much does a Newark home cost?

End of matching results. Explore ways to see more listings. View 182 homes for sale in Newark, DE at a median listing home price of $360,000. See pricing and listing details of Newark real estate for sale. ...

How many people lived in Newark, NJ, in 2017?

Newark, NJ, had a population of 285,154 in 2017. Settled in 1666 by Puritans from New Haven Colony, Newark is one of the oldest cities in the United States and was the 70th-most populous municipality in the nation at that time. ...

How much did Newark area prices increase a year ago?

Prices in the Newark, NJ area have increased by 1.6% in the past year. The largest price increases were found in Transportation, Food, and Housing. ...