Cost of Living: Dallas, TX vs Newark, NJ (2026)

Dallas

Texas
97
VS

Newark

New Jersey
100

Dallas is 3% cheaper than Newark.

$1,403/mo ↑ 5%
Median Rent
$1,330/mo ↓ 5%
$67,760/yr ↑ 40%
Median Income
$48,416/yr ↓ 29%
$295,300 ↓ 13%
Home Value
$337,800 ↑ 14%
$1,409/mo ≈ Same
Owner Costs
$1,419/mo ≈ Same
1,299,553
Population
307,188

Tax Comparison

0%
Income Tax
10.75%
6.25%
State Sales Tax
6.625%
1.6%
Property Tax
2.23%

Affordability

24.8%
rent-to-income
Affordability
33.0%
rent-to-income

Detailed Comparison

When comparing Dallas, TX and Newark, NJ, the overall cost of living indices are 97 and 100 respectively (national median = 100). Rent is $73/month cheaper in Newark, saving renters about $876/year.

Median household income is $19,344/year higher in Dallas. Home values also differ significantly — the median in Dallas is $295,300 compared to $337,800 in Newark.

Texas has no state income tax, giving Dallas residents a significant tax advantage over New Jersey's 10.75% rate.

Frequently Asked Questions

Dallas vs Newark — common questions

Is Dallas or Newark cheaper to live in?
Based on our cost index, Dallas is cheaper to live in with an index of 97 compared to 100 (US average = 100).
What is the rent difference between Dallas and Newark?
Median rent in Dallas is $1,403/month and in Newark it's $1,330/month — a difference of $73/month.
Which city has higher income, Dallas or Newark?
Median household income is $67,760 in Dallas and $48,416 in Newark. Median household income is $19,344/year higher in Dallas.
How do taxes compare between Texas and New Jersey?
Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax. New Jersey has 10.75% income tax, 6.625% sales tax, and 2.23% property tax.
Should I move to Dallas or Newark?
It depends on your priorities. Dallas has a cost index of 97 with median rent of $1,403/mo, while Newark has a cost index of 100 with rent of $1,330/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
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