๐Ÿ“Š Cost of Living Comparison

Newark vs Salt Lake City

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

Salt Lake City

Utah
107
Above Average
$440,000
Median Home
$1,500/mo
Median Rent
$60,590
Median Income

๐Ÿ’ก The Verdict

12% cheaper
Salt Lake City is 12% more affordable than Newark. A $75,000 salary in Newark is equivalent to $66,322 in Salt Lake City.

Category-by-Category Breakdown

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

Housing
149
Newark
120
Salt Lake Ci
Groceries
103
Newark
99
Salt Lake Ci
Utilities
118
Newark
88
Salt Lake Ci
Transportation
115
Newark
102
Salt Lake Ci
Healthcare
105
Newark
97
Salt Lake Ci

๐Ÿ’ฐ Salary Equivalence

To maintain the same standard of living:

$66,322
$75K in Newark โ†’ Salt Lake City
$84,813
$75K in Salt Lake City โ†’ Newark

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

Living in Newark vs Salt Lake City

Housing is typically the biggest factor in any cost-of-living comparison. Newark has a housing index of 149 while Salt Lake City sits at 120 (national average = 100). The median home in Newark costs $340,000 compared to $440,000 in Salt Lake City, a difference of $100,000. Monthly rent follows a similar pattern: $1,400 in Newark versus $1,500 in Salt Lake City.

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

Healthcare costs in Newark (105) are higher than Salt Lake City (97). Both are close to the national average.

Median household income in Newark is $40,014 compared to $60,590 in Salt Lake City. When adjusted for cost of living, income goes further in Salt Lake City.

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