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

Newark

New Jersey
100
VS

Corona

California
173

Newark is 42% cheaper than Corona.

$1,330/mo ↓ 38%
Median Rent
$2,136/mo ↑ 61%
$48,416/yr ↓ 55%
Median Income
$106,438/yr ↑ 120%
$337,800 ↓ 49%
Home Value
$656,500 ↑ 94%
$1,419/mo ↓ 38%
Owner Costs
$2,280/mo ↑ 61%
307,188
Population
158,839

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
24.1%
rent-to-income

Detailed Comparison

When comparing Newark, NJ and Corona, CA, the overall cost of living indices are 100 and 173 respectively (national median = 100). Rent is $806/month cheaper in Newark, saving renters about $9,672/year.

Median household income is $58,022/year higher in Corona. Home values also differ significantly — the median in Newark is $337,800 compared to $656,500 in Corona.

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

Frequently Asked Questions

Newark vs Corona — common questions

Is Newark or Corona cheaper to live in?
Based on our cost index, Newark is cheaper to live in with an index of 100 compared to 173 (US average = 100).
What is the rent difference between Newark and Corona?
Median rent in Newark is $1,330/month and in Corona it's $2,136/month — a difference of $806/month.
Which city has higher income, Newark or Corona?
Median household income is $48,416 in Newark and $106,438 in Corona. Median household income is $58,022/year higher in Corona.
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 Corona?
It depends on your priorities. Newark has a cost index of 100 with median rent of $1,330/mo, while Corona has a cost index of 173 with rent of $2,136/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Newark details → View Corona details →

More Comparisons

Other cost of living comparisons for Newark and Corona

Newark vs. St. Paul Newark vs. Pittsburgh Newark vs. Irvine Newark vs. Greensboro Newark vs. Cincinnati Newark vs. St. Louis Corona vs. Hayward Corona vs. Paterson Corona vs. Salinas Corona vs. Murfreesboro Corona vs. Palmdale Corona vs. Alexandria