Cost of living and prices in Newark, prices of food, rent, shopping, etc. 🇺🇸
Updated Jul 2023

Newark, located in Northern America, is a city in the United States and one of the oldest cities in the country. Its coordinates are 40.73566 latitude and -74.17237 longitude, and its elevation is 22 meters above sea level. This bustling city has a population of 277,140 people and operates on the America/New_York time zone, GMT: -5.0.

Newark is home to several institutions of higher education, including Rutgers University, which has a campus in the city. The city is also known for its thriving arts and cultural scene, with many theaters, museums, and galleries to explore. Additionally, Newark is a major transportation hub, with several major highways intersecting in the city and one of the busiest airports in the United States, Newark Liberty International Airport.

Overall, Newark has a higher cost of living compared to the national average, due in part to the city's proximity to New York City. However, the city offers a diverse range of neighborhoods and housing options to suit different lifestyles and budgets, making it a great place to live for those looking to experience all that Northern America has to offer.

Cost of Living Estimate in Newark

Total cost of living in Newark for two person with average consumption for one month will be 1369.17 USD, no rent price included. Click here to calculate cost-of-living estimate in Newark

You can calculate cost of living in Newark by changing quantity using input near each good or service. Resulting total will appear in a floating box in the bottom of your screen.

Restaurants prices

Newark has a diverse culinary landscape, offering a range of dining options that cater to all tastes and budgets. For seafood lovers, The Frenchie is a great choice. The restaurant serves up fresh seafood dishes that are prepared with locally sourced ingredients. If you're in the mood for Asian cuisine, then Sushi House 21 is a must-visit eatery. The sushi rolls are expertly crafted and full of flavor. For those looking for a more laid-back dining experience, Hobby's Delicatessen and Restaurant is perfect. The deli-style eatery has been around since 1962 and serves up classic Jewish-American fare like pastrami sandwiches.

If you're looking for a high-end dining experience in Newark, then Restaurant Latour is a must-visit. The acclaimed restaurant serves up contemporary French cuisine that is expertly prepared and presented. For those craving Italian food, Nico Kitchen + Bar is a great option. The upscale eatery offers a range of Italian dishes that are made with high-quality ingredients. Finally, for a taste of Brazil, Fornos of Spain is the place to be. The family-owned restaurant has been serving up authentic Spanish and Portuguese cuisine for over four decades. So, whether you're looking for sushi, pastrami sandwiches, French cuisine, Italian food, or Spanish and Portuguese dishes, Newark has something for everyone.

Meal in Inexpensive Restaurant
13.90 $
Meal for 2 People, Mid-range Restaurant, Three-course
55.00 $
McMeal at McDonalds or Alternative Combo Meal
8.50 $
Domestic Beer, 0.5 liter Draught
4.75 $
Imported Beer, 0.33 liter Bottle
6.00 $
Cappuccino
3.53 $
Coca-Cola, 0.33 liter Bottle
2.19 $

Markets prices

Newark, United States is home to a diverse and dynamic economy, which is reflected in its market prices. The cost of living in Newark is generally higher than the national average, but it varies by neighborhood and type of goods or services. While some areas may have high housing costs, others may have cheaper food and transportation prices. Newark also has a thriving business sector, which can affect market prices for both consumers and businesses. Overall, it's important to do research and shop wisely in order to find the best deals in this bustling city.

The market prices in Newark are also influenced by factors such as supply and demand, local regulations, and competition. For example, in areas with high demand for certain goods or services, prices may be higher due to limited supply. Conversely, in areas with more competition, prices may be more affordable. Additionally, government policies and taxes can impact market prices, particularly for goods such as alcohol and tobacco. Despite these various factors, the market in Newark remains competitive and offers a range of options for consumers to find the best deals and quality products.

Water, 0.33 liter Bottle
1.50 $
Milk, Regular,1 liter
1.10 $
Loaf of Fresh White Bread, 0.5 kg
3.00 $
White Rice, 1 kg
4.47 $
Eggs, 12 pack
2.79 $
Local Cheese, 1 kg
13.95 $
Chicken Breasts, Boneless and Skinless, 1 kg
7.71 $
Beef Round or Equivalent Back Leg Red Meat, 1 kg
12.11 $
Apples, 1 kg
3.79 $
Banana, 1 kg
1.47 $
Oranges, 1 kg
4.67 $
Tomato, 1 kg
3.29 $
Potato, 1 kg
1.53 $
Onion, 1 kg
1.87 $
Lettuce, 1 head
2.63 $
Water, 1.5 liter Bottle
1.45 $
Bottle of Wine, Mid-Range Price
13.99 $
Domestic Beer, 0.5 liter Bottle
2.36 $
Imported Beer, 0.33 liter Bottle
3.50 $
Pack of Cigarettes
9.50 $

Transportation prices

Newark, located in New Jersey, is a bustling city with a range of transportation options for visitors. One of the most convenient options is the Newark Liberty International Airport, located just outside of the city's limits. This airport offers multiple transportation options for getting to and from the city, including taxis, buses, and shuttle services. Another option is the Newark Penn Station, which serves as a hub for the city's public transportation system, including buses and trains. Visitors can also easily rent a car or take a ride-share service to get around the city.

In addition to these options, Newark also has a thriving bike-sharing program. Citi Bike, which operates in several cities across the United States, recently launched in Newark. This program allows visitors to rent bikes for short-term use and explore the city on two wheels. Newark also has a range of bike lanes and paths, making it easy for visitors to navigate on bike. No matter what transportation option visitors choose, they will find Newark to be a convenient and accessible city to explore.

One-way Ticket, Local Transport
2.00 $
Monthly Pass, Regular Price
77.50 $
Taxi Start, Normal Tariff
5.50 $
Taxi, price for 1 km, Normal Tariff
2.69 $
Taxi, price for 1 hour Waiting, Normal Tariff
16.90 $
Gasoline, 1 liter
0.64 $
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
21,564.50 $

Utilities Per Month prices

If you're planning a trip to Newark, it's important to budget for utilities. The cost of utilities such as electricity, gas, and water can vary depending on the season and your accommodation. However, generally, the cost of these essential services in Newark is reasonable and shouldn't break the bank.

It's worth noting that if you're staying in a hotel, utilities costs are typically included in the overall cost of your stay. If you're opting for an Airbnb or other short-term rental, make sure to inquire about the cost of utilities and factor this into your budget. Additionally, if you're planning on staying for an extended period, you may want to consider setting up your own utilities account to ensure you're getting the best rate.

Basic utilities for 85m2 Apartment including Electricity, Heating or Cooling, Water and Garbage
326.25 $
Prepaid Mobile Tariff Local, price per 1 min, No Discounts or Plans
0.12 $
Internet, 60 Mbps or More, Unlimited Data, Cable/ADSL
85.67 $

Sports And Leisure prices

If you're a sports enthusiast, Newark won't disappoint you! The city boasts many world-class sports facilities, including the Prudential Center, home of the New Jersey Devils, and the Red Bull Arena, where the New York Red Bulls play. If you're looking for something a little more low-key, you can check out one of Newark's many parks or golf courses. Whether you're looking to catch a game or get active yourself, Newark has plenty of options to choose from.

Those seeking leisurely activities in Newark won't be disappointed either. There are several museums and cultural centers in the city, including The Newark Museum and the New Jersey Performing Arts Center, which offer a variety of exhibits and performances. Additionally, Newark is known for its great food and nightlife, so be sure to check out some of the city's best restaurants and bars for a taste of its vibrant scene. No matter what your interests are, there's something for everyone in Newark!

Fitness Club, Monthly Fee for 1 Adult
32.65 $
Tennis Court Rent, 1 Hour on Weekend
15.00 $

Salaries And Financing prices

If you're planning to move to or work in Newark, you'll be interested to know that salaries in the city are generally competitive with the rest of the United States. This is particularly true for high-skilled jobs in fields like technology and finance, where salaries can be significantly higher than the national average. There are also plenty of opportunities for workers in healthcare, education, and government, although these may pay somewhat less than other industries.

When it comes to financing and the economy, Newark has a diverse range of businesses and industries that help to keep things humming. One of the biggest employers in the city is Newark Liberty International Airport, which is a hub for United Airlines and a major source of both jobs and tourism. Additionally, Newark is home to several large financial companies and institutions, such as Prudential and PNC Financial Services, which contribute to the city's thriving economy. Other important sectors of the economy include healthcare, education, and manufacturing, all of which provide jobs and contribute to the local economy.

Cinema ticket, 1 Seat
13.50 $
Average Monthly Net Salary, After Tax
2,444.00 $
Mortgage Interest Rate in Percentages for 20 Years Fixed-Rate, Yearly, Fixed-Rate
4.54 %

Childcare prices

Childcare prices in Newark, United States, can be quite high, especially when it comes to schools and Kindergartens. Parents in Newark can expect to pay a premium for their children's education and care, with costs varying depending on location, reputation, facilities and services offered.

When it comes to schools and Kindergartens, the prices in Newark can be particularly steep due to the high standards and rigorous educational requirements in some areas. Parents looking to give their children the best academic start possible can expect to pay more for access to top-notch educational facilities and programs, which can be seen as an investment in their child's future success and opportunities.

Private Preschool or Kindergarten, Monthly for 1 Child
633.33 $
International Primary School, Yearly for 1 Child
24,000.00 $

Clothing And Shoes prices

Newark, United States offers a plethora of options for shoppers looking for clothing and shoes. Whether you're looking for designer brands or budget-friendly options, Newark has it all. From major department stores to trendy boutiques, you can find everything you need to create your new fashion-forward look. The city also has an abundance of outlet stores where you can score amazing deals on high-quality clothing and shoes.

If you're looking to save money on clothing and shoe purchases, Newark's flea markets and thrift stores are your go-to destinations. You'll find gently-used, premium-quality clothing and shoes for a fraction of the price you would pay in a traditional retail store. Alternatively, if you're looking for luxury brands and high-end fashion, Newark's shopping malls have everything you need under one roof. From the latest shoe styles to designer handbags and clothing, you'll be sure to make a statement with your fashion choices when you shop in Newark.

Pair of Jeans in a Chain Store Like George, H&M, Zara, etc.
42.00 $
Summer Dress in a Chain Store Like George, H&M, Zara, etc.
34.40 $
Pair of Running Shoes, Mid-Range Price
85.57 $
Pair of Leather Business Shoes
93.00 $

Rent Per Month prices

If you're looking for short-term accommodation in Newark, you're in luck! There are plenty of affordable options available for those who only need to stay for a short amount of time. Many hotels and apartment buildings offer stays that range from a few days to a few weeks, so you can find the perfect place to suit your needs and budget. You'll find that short-term rentals in Newark offer a range of amenities and services that cater to your comfort and convenience. Plus, with so many options available, you're sure to find a place that meets your specific needs.

Whether you're in Newark for business or leisure, there are plenty of short-term stay options available to you. From luxurious hotel suites to comfortable apartments, you'll be able to find a place that provides the perfect blend of comfort and convenience. Whether you need a place to stay for a long-term project or just need to get away for a few days, Newark has got you covered. With so many great options available at competitive prices, you'll be able to find a short-term rental that fits your budget and your lifestyle.

One bedroom apartment in city centre
2,078.44 $
One bedroom apartment outside of city centre
1,753.38 $
Three bedroom apartment in city centre
1,785.00 $
Three bedroom apartment outside of city centre
1,690.00 $

Buy Apartment prices

If you're looking to buy property in Newark, United States, there's no shortage of options to choose from. Whether you're looking for a modern apartment in a high-rise building or a cozy suburban home, Newark has something for everyone. The real estate market in Newark offers a wide range of options to suit all budgets and preferences. From affordable starter homes to luxurious properties, there are plenty of choices available for individuals, families, and investors alike. Whatever your needs and preferences, Newark has something to offer everyone looking to purchase a property.

When it comes to buying real estate in Newark, the price you pay will largely depend on the kind of property you want to buy. Whether you are looking for a single-family home or a multi-unit apartment building, the cost of the property will vary. Some of the factors that determine the price of a property in Newark include location, size, condition, and the amenities offered. While prices may vary, it's worth knowing that Newark has plenty of affordable options for buyers looking to enter the market. Many homes in this region sell for prices that are significantly lower than in other major US cities, making it a great option for buyers looking to get more for their money.

Price per m2 to Buy Apartment in City Center
3,015.09 $
Price per m2 to Buy Apartment Outside of City Center
1,284.27 $