Newark is 25% more expensive than Columbia.
When comparing Newark, NJ and Columbia, SC, the overall cost of living indices are 100 and 80 respectively (national median = 100). Rent is $172/month cheaper in Columbia, saving renters about $2,064/year.
Median household income is $7,237/year higher in Columbia. Home values also differ significantly — the median in Newark is $337,800 compared to $243,500 in Columbia.
South Carolina has a lower income tax rate, making Columbia slightly more tax-friendly.
Newark vs Columbia — common questions
Other cost of living comparisons for Newark and Columbia