Cost of Living: Denver, CO vs Newark, NJ (2026)

Denver

Colorado
147
VS

Newark

New Jersey
100

Denver is 47% more expensive than Newark.

$1,770/mo ↑ 33%
Median Rent
$1,330/mo ↓ 25%
$91,681/yr ↑ 89%
Median Income
$48,416/yr ↓ 47%
$586,700 ↑ 74%
Home Value
$337,800 ↓ 42%
$1,839/mo ↑ 30%
Owner Costs
$1,419/mo ↓ 23%
713,734
Population
307,188

Tax Comparison

4.4%
Income Tax
10.75%
2.9%
State Sales Tax
6.625%
0.51%
Property Tax
2.23%

Affordability

23.2%
rent-to-income
Affordability
33.0%
rent-to-income

Detailed Comparison

When comparing Denver, CO and Newark, NJ, the overall cost of living indices are 147 and 100 respectively (national median = 100). Rent is $440/month cheaper in Newark, saving renters about $5,280/year.

Median household income is $43,265/year higher in Denver. Home values also differ significantly — the median in Denver is $586,700 compared to $337,800 in Newark.

Colorado has a lower income tax rate, making Denver slightly more tax-friendly.

Frequently Asked Questions

Denver vs Newark — common questions

Is Denver or Newark cheaper to live in?
Based on our cost index, Newark is cheaper to live in with an index of 100 compared to 147 (US average = 100).
What is the rent difference between Denver and Newark?
Median rent in Denver is $1,770/month and in Newark it's $1,330/month — a difference of $440/month.
Which city has higher income, Denver or Newark?
Median household income is $91,681 in Denver and $48,416 in Newark. Median household income is $43,265/year higher in Denver.
How do taxes compare between Colorado and New Jersey?
Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax. New Jersey has 10.75% income tax, 6.625% sales tax, and 2.23% property tax.
Should I move to Denver or Newark?
It depends on your priorities. Denver has a cost index of 147 with median rent of $1,770/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.
View Denver details → View Newark details →

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