Cost of Living in Newark, New Jersey - Payscale

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, 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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Average Salary In Newark, New Jersey - Payscale

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Oct 30, 2024 · The average salary in Newark, NJ is $82k. Trends in wages increased by 1.0 percent in Q3 2024. The cost of living in Newark, NJ is 15 percent higher than the national …

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Cost Of Living In New Jersey - Salary.com

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34 rows · Oct 25, 2024 · The federal minimum wage is $7.25 per hour while New Jersey's state law sets the minimum wage rate at $15.13 per hour in 2024. Demands for a living wage that is …

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Cost Of Living In Newark, NJ 2024 - RentCafe

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The cost of living in Newark, NJ is 4% higher than the state average and 16% higher than the national average. Newark, NJ housing is 41% more expensive than the U.S average, while …

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Cost Of Living In Newark, New Jersey. Updated Prices Nov 2024.

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Nov 9, 2016 · Summary of cost of living in Newark, New Jersey. Family of four estimated monthly costs: $4,874. Single person estimated monthly costs: $2,809. WARNING! These estimates …

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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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Cost Of Living Comparison Between Newark, NJ Vs Jersey City, NJ

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Sep 25, 2024 · The cost of living in Jersey City, NJ is 48.6% higher than in Newark, NJ. You would have to earn a salary of $89,143 to maintain your current standard of living. Employers …

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Cost Of Living In Newark, NJ - AreaVibes

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The cost of living in Newark is 6% lower than the New Jersey average. The cost of living in Newark is 14% higher than the national average. Newark housing is 32% higher than the …

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Cost Of Living Newark , New Jersey - Dwellics

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In Newark, New Jersey, 24.0 % of the population owns their homes, while approximately 76.0% rent. The average cost of a single-family home in Newark, New Jersey in 2024 is $ 404,200 …

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Cost Of Living Comparison Between New York, NY Vs Newark, NJ

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Oct 25, 2024 · The cost of living in Newark, NJ is -32.7% lower than in New York, NY. You would have to earn a salary of $40,384 to maintain your current standard of living. Employers in …

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Newark, New Jersey (NJ) Income Map, Earnings Map, And Wages …

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123. Hide US histogram. The median household income in Newark, NJ in 2022 was $49,688, which was 93.9% less than the median annual income of $96,346 across the entire state of …

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FAQs about Cost of Living in Newark, New Jersey - Payscale Coupon?

How much does it cost to live in Newark?

A single person estimated monthly costs are 1,015.51$ without rent. Newark is 29.17% less expensive than New York (without rent, see our cost of living index ). Rent in Newark is, on average, 53.10% lower than in New York. ...

What is the average salary in Newark NJ?

Use our tool to get a personalized report on your market worth. What's this? The average salary in Newark, NJ is $79k. Trends in wages decreased by -0.9 percent in Q2 2023. The cost of living in Newark, NJ is 21 percent higher than the national average. ...

How much does it cost to live in New Jersey?

The cost of living in New Jersey is $2706, which is 1.22 times more expensive than the average in the United States. New Jersey ranked 6th most expensive and 27th best state to live in the United States. The average salary after taxes in New Jersey is $4886, which is enough to cover living expenses for 1.8 months. ...

How much does it cost to rent a house in Newark?

Renting a two-bedroom unit in Newark costs $1,390 per month, which is 2.8 percent cheaper than the national average of $1,430 and 23.0 percent cheaper than the state average of $1,710. 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. ...

Is Newark a good place to live?

Newark, NJ housing is 50% more expensive than the U.S average, while utilities are about 12% pricier . When it comes to basic necessities such as food and clothing, groceries are around 9% more in Newark, NJ than in the rest of the country, while clothing costs around 9% more . ...

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. ...