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

Newark

New Jersey
100
VS

Carrollton

Texas
116

Newark is 14% cheaper than Carrollton.

$1,330/mo ↓ 21%
Median Rent
$1,674/mo ↑ 26%
$48,416/yr ↓ 51%
Median Income
$99,115/yr ↑ 105%
$337,800 ↓ 4%
Home Value
$353,600 ↑ 5%
$1,419/mo ↓ 16%
Owner Costs
$1,689/mo ↑ 19%
307,188
Population
132,741

Tax Comparison

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

Affordability

33.0%
rent-to-income
Affordability
20.3%
rent-to-income

Detailed Comparison

When comparing Newark, NJ and Carrollton, TX, the overall cost of living indices are 100 and 116 respectively (national median = 100). Rent is $344/month cheaper in Newark, saving renters about $4,128/year.

Median household income is $50,699/year higher in Carrollton. Home values also differ significantly — the median in Newark is $337,800 compared to $353,600 in Carrollton.

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

Frequently Asked Questions

Newark vs Carrollton — common questions

Is Newark or Carrollton cheaper to live in?
Based on our cost index, Newark is cheaper to live in with an index of 100 compared to 116 (US average = 100).
What is the rent difference between Newark and Carrollton?
Median rent in Newark is $1,330/month and in Carrollton it's $1,674/month — a difference of $344/month.
Which city has higher income, Newark or Carrollton?
Median household income is $48,416 in Newark and $99,115 in Carrollton. Median household income is $50,699/year higher in Carrollton.
How do taxes compare between New Jersey and Texas?
New Jersey has 10.75% income tax, 6.625% sales tax, and 2.23% property tax. Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax.
Should I move to Newark or Carrollton?
It depends on your priorities. Newark has a cost index of 100 with median rent of $1,330/mo, while Carrollton has a cost index of 116 with rent of $1,674/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Newark details → View Carrollton details →

More Comparisons

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