๐Ÿ“Š Cost of Living Comparison

Newark vs Norfolk

Side-by-side cost of living comparison for 2026

Newark

New Jersey
121
Expensive
$340,000
Median Home
$1,400/mo
Median Rent
$40,014
Median Income

Norfolk

Virginia
99
Average
$250,000
Median Home
$1,300/mo
Median Rent
$51,938
Median Income

๐Ÿ’ก The Verdict

18% cheaper
Norfolk is 18% more affordable than Newark. A $75,000 salary in Newark is equivalent to $61,364 in Norfolk.

Category-by-Category Breakdown

Index values shown. National average = 100. Lower is cheaper.

Housing
149
Newark
95
Norfolk
Groceries
103
Newark
99
Norfolk
Utilities
118
Newark
97
Norfolk
Transportation
115
Newark
100
Norfolk
Healthcare
105
Newark
99
Norfolk

๐Ÿ’ฐ Salary Equivalence

To maintain the same standard of living:

$61,364
$75K in Newark โ†’ Norfolk
$91,667
$75K in Norfolk โ†’ Newark

See exact take-home pay: New Jersey salaries ยท Virginia salaries

Living in Newark vs Norfolk

Housing is typically the biggest factor in any cost-of-living comparison. Newark has a housing index of 149 while Norfolk sits at 95 (national average = 100). The median home in Newark costs $340,000 compared to $250,000 in Norfolk, a difference of $90,000. Monthly rent follows a similar pattern: $1,400 in Newark versus $1,300 in Norfolk.

Groceries and everyday expenses show a narrower gap: Newark scores 103 while Norfolk scores 99. Both cities are close to the national average for grocery costs.

Healthcare costs in Newark (105) are higher than Norfolk (99). Both are close to the national average.

Median household income in Newark is $40,014 compared to $51,938 in Norfolk. When adjusted for cost of living, income goes further in Norfolk.

๐Ÿ”— Related Tools

๐Ÿ“š Moving & Relocation Resources

Moving Planners โ†’Finance Books โ†’Budget Planners โ†’

Amazon affiliate links