Cost of Living: Newark, NJ vs Concord, CA (2026)

Newark

New Jersey
100
VS

Concord

California
187

Newark is 47% cheaper than Concord.

$1,330/mo ↓ 40%
Median Rent
$2,226/mo ↑ 67%
$48,416/yr ↓ 56%
Median Income
$109,195/yr ↑ 126%
$337,800 ↓ 55%
Home Value
$755,900 ↑ 124%
$1,419/mo ↓ 38%
Owner Costs
$2,284/mo ↑ 61%
307,188
Population
124,260

Tax Comparison

10.75%
Income Tax
13.3%
6.625%
State Sales Tax
7.25%
2.23%
Property Tax
0.71%

Affordability

33.0%
rent-to-income
Affordability
24.5%
rent-to-income

Detailed Comparison

When comparing Newark, NJ and Concord, CA, the overall cost of living indices are 100 and 187 respectively (national median = 100). Rent is $896/month cheaper in Newark, saving renters about $10,752/year.

Median household income is $60,779/year higher in Concord. Home values also differ significantly — the median in Newark is $337,800 compared to $755,900 in Concord.

New Jersey has a lower income tax rate, making Newark slightly more tax-friendly.

Frequently Asked Questions

Newark vs Concord — common questions

Is Newark or Concord cheaper to live in?
Based on our cost index, Newark is cheaper to live in with an index of 100 compared to 187 (US average = 100).
What is the rent difference between Newark and Concord?
Median rent in Newark is $1,330/month and in Concord it's $2,226/month — a difference of $896/month.
Which city has higher income, Newark or Concord?
Median household income is $48,416 in Newark and $109,195 in Concord. Median household income is $60,779/year higher in Concord.
How do taxes compare between New Jersey and California?
New Jersey has 10.75% income tax, 6.625% sales tax, and 2.23% property tax. California has 13.3% income tax, 7.25% sales tax, and 0.71% property tax.
Should I move to Newark or Concord?
It depends on your priorities. Newark has a cost index of 100 with median rent of $1,330/mo, while Concord has a cost index of 187 with rent of $2,226/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Newark details → View Concord details →

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