El Paso, TX vs Newark, NJ: 67 vs 100

$1,041/mo ↓ 22%

Median Rent

$1,330/mo ↑ 28%

$58,734/yr ↑ 21%

Median Income

$48,416/yr ↓ 18%

$171,700 ↓ 49%

Home Value

$337,800 ↑ 97%

$1,044/mo ↓ 26%

Owner Costs

$1,419/mo ↑ 36%

678,147

Population

307,188

Detailed Comparison

When comparing El Paso, TX and Newark, NJ, the overall cost of living indices are 67 and 100 respectively (national median = 100). Rent is $289/month cheaper in El Paso, saving renters about $3,468/year.

Median household income is $10,318/year higher in El Paso. Home values also differ significantly — the median in El Paso is $171,700 compared to $337,800 in Newark.

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

Frequently Asked Questions

El Paso vs Newark — common questions

Is El Paso or Newark cheaper to live in?

Based on our cost index, El Paso is cheaper to live in with an index of 67 compared to 100 (US average = 100).

What is the rent difference between El Paso and Newark?

Median rent in El Paso is $1,041/month and in Newark it's $1,330/month — a difference of $289/month.

Which city has higher income, El Paso or Newark?

Median household income is $58,734 in El Paso and $48,416 in Newark. Median household income is $10,318/year higher in El Paso.

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 El Paso or Newark?

It depends on your priorities. El Paso has a cost index of 67 with median rent of $1,041/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.

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

El Paso

Newark

Tax Comparison

Affordability

Detailed Comparison

Frequently Asked Questions

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