Cost of Living: Jacksonville, FL vs Newark, NJ (2026)

Jacksonville

Florida
92
VS

Newark

New Jersey
100

Jacksonville is 8% cheaper than Newark.

$1,375/mo ↑ 3%
Median Rent
$1,330/mo ↓ 3%
$66,981/yr ↑ 38%
Median Income
$48,416/yr ↓ 28%
$266,100 ↓ 21%
Home Value
$337,800 ↑ 27%
$1,324/mo ↓ 7%
Owner Costs
$1,419/mo ↑ 7%
961,739
Population
307,188

Tax Comparison

0%
Income Tax
10.75%
6.0%
State Sales Tax
6.625%
0.86%
Property Tax
2.23%

Affordability

24.6%
rent-to-income
Affordability
33.0%
rent-to-income

Detailed Comparison

When comparing Jacksonville, FL and Newark, NJ, the overall cost of living indices are 92 and 100 respectively (national median = 100). Rent is comparable in both cities, with less than $50/month separating them.

Median household income is $18,565/year higher in Jacksonville. Home values also differ significantly — the median in Jacksonville is $266,100 compared to $337,800 in Newark.

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

Frequently Asked Questions

Jacksonville vs Newark — common questions

Is Jacksonville or Newark cheaper to live in?
Based on our cost index, Jacksonville is cheaper to live in with an index of 92 compared to 100 (US average = 100).
What is the rent difference between Jacksonville and Newark?
Median rent in Jacksonville is $1,375/month and in Newark it's $1,330/month — a difference of $45/month.
Which city has higher income, Jacksonville or Newark?
Median household income is $66,981 in Jacksonville and $48,416 in Newark. Median household income is $18,565/year higher in Jacksonville.
How do taxes compare between Florida and New Jersey?
Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax. New Jersey has 10.75% income tax, 6.625% sales tax, and 2.23% property tax.
Should I move to Jacksonville or Newark?
It depends on your priorities. Jacksonville has a cost index of 92 with median rent of $1,375/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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