Understanding how rental prices have changed over time helps predict future affordability and make informed decisions about your move.
A comprehensive breakdown of annual living expenses helps you budget effectively for your new life in New York.
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Newark is 73.2% cheaper for housing than New York. The median home price in Newark is $528,705 compared to $915,666 in New York.
Monthly rent in New York averages $3,815, while Newark averages $2,203. That's a difference of $1,612 per month, or $19,348 annually.
The median household income in New York is $80,175, which is 23.1% lower than Newark's median of $104,246.
Newark has a violent crime rate of 184 per 100k residents, while New York has 308 per 100k. Newark is statistically safer.
Estates is a comprehensive cost of living comparison platform covering over 3,900 US cities. We help you compare housing prices, rent, income levels, crime rates, demographics, and climate data to make informed relocation decisions. Our data comes from trusted sources including Zillow, the U.S. Census Bureau, FBI, and NOAA.
