New York City vs Newark: Cost of Living

Last updated 2026-07-10 · MovePlan Editorial Team

Newark is about 36% cheaper overall. Here is how New York City and Newark compare on rent, groceries, utilities, transportation, and healthcare.

• New York City cost-of-living index: 187 vs 100
• Newark cost-of-living index: 120 vs 100
• New York City median 2BR rent: $4,700/mo
• Newark median 2BR rent: $2,200/mo

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