Cost of Living in East Newark, NJ

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

133.5

100 = national avg

+33.5 vs national average

Living Wage (1 Adult)

$58,756

per year

Living Wage (Family of 4)

$138,879

per year

Cost Index by Category

Housing
190.9
Food
99.9
Transportation
99.8
Healthcare
99.9
Utilities
118.1

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$2,458

per month

2 Bedroom

$2,763

per month

The overall cost of living index in East Newark is 133.5, which is 33.5% above the national average. Housing costs are above the national average at an index of 190.9. A single adult needs to earn approximately $58,756 per year to cover basic expenses.