Newark, NJ vs Cary, NC: 100 vs 135

$1,330/mo ↓ 18%

Median Rent

$1,621/mo ↑ 22%

$48,416/yr ↓ 63%

Median Income

$129,399/yr ↑ 167%

$337,800 ↓ 36%

Home Value

$525,200 ↑ 55%

$1,419/mo ↓ 19%

Owner Costs

$1,744/mo ↑ 23%

307,188

Population

176,686

Detailed Comparison

When comparing Newark, NJ and Cary, NC, the overall cost of living indices are 100 and 135 respectively (national median = 100). Rent is $291/month cheaper in Newark, saving renters about $3,492/year.

Median household income is $80,983/year higher in Cary. Home values also differ significantly — the median in Newark is $337,800 compared to $525,200 in Cary.

North Carolina has a lower income tax rate, making Cary slightly more tax-friendly.

Frequently Asked Questions

Newark vs Cary — common questions

Is Newark or Cary cheaper to live in?

Based on our cost index, Newark is cheaper to live in with an index of 100 compared to 135 (US average = 100).

What is the rent difference between Newark and Cary?

Median rent in Newark is $1,330/month and in Cary it's $1,621/month — a difference of $291/month.

Which city has higher income, Newark or Cary?

Median household income is $48,416 in Newark and $129,399 in Cary. Median household income is $80,983/year higher in Cary.

How do taxes compare between New Jersey and North Carolina?

New Jersey has 10.75% income tax, 6.625% sales tax, and 2.23% property tax. North Carolina has 4.5% income tax, 4.75% sales tax, and 0.8% property tax.

Should I move to Newark or Cary?

It depends on your priorities. Newark has a cost index of 100 with median rent of $1,330/mo, while Cary has a cost index of 135 with rent of $1,621/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.

Cost of Living: Newark, NJ vs Cary, NC (2026)

Newark

Cary

Tax Comparison

Affordability

Detailed Comparison

Frequently Asked Questions

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