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

Fort Worth

Texas
97
VS

Newark

New Jersey
100

Fort Worth is 3% cheaper than Newark.

$1,412/mo ↑ 6%
Median Rent
$1,330/mo ↓ 6%
$76,602/yr ↑ 58%
Median Income
$48,416/yr ↓ 37%
$277,300 ↓ 18%
Home Value
$337,800 ↑ 22%
$1,489/mo ↑ 5%
Owner Costs
$1,419/mo ↓ 5%
941,311
Population
307,188

Tax Comparison

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

Affordability

22.1%
rent-to-income
Affordability
33.0%
rent-to-income

Detailed Comparison

When comparing Fort Worth, TX and Newark, NJ, the overall cost of living indices are 97 and 100 respectively (national median = 100). Rent is $82/month cheaper in Newark, saving renters about $984/year.

Median household income is $28,186/year higher in Fort Worth. Home values also differ significantly — the median in Fort Worth is $277,300 compared to $337,800 in Newark.

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

Frequently Asked Questions

Fort Worth vs Newark — common questions

Is Fort Worth or Newark cheaper to live in?
Based on our cost index, Fort Worth is cheaper to live in with an index of 97 compared to 100 (US average = 100).
What is the rent difference between Fort Worth and Newark?
Median rent in Fort Worth is $1,412/month and in Newark it's $1,330/month — a difference of $82/month.
Which city has higher income, Fort Worth or Newark?
Median household income is $76,602 in Fort Worth and $48,416 in Newark. Median household income is $28,186/year higher in Fort Worth.
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 Fort Worth or Newark?
It depends on your priorities. Fort Worth has a cost index of 97 with median rent of $1,412/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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