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

Newark

New Jersey
100
VS

High Point

North Carolina
73

Newark is 37% more expensive than High Point.

$1,330/mo ↑ 25%
Median Rent
$1,062/mo ↓ 20%
$48,416/yr ↓ 21%
Median Income
$61,228/yr ↑ 26%
$337,800 ↑ 59%
Home Value
$212,400 ↓ 37%
$1,419/mo ↑ 31%
Owner Costs
$1,084/mo ↓ 24%
307,188
Population
115,263

Tax Comparison

10.75%
Income Tax
4.5%
6.625%
State Sales Tax
4.75%
2.23%
Property Tax
0.8%

Affordability

33.0%
rent-to-income
Affordability
20.8%
rent-to-income

Detailed Comparison

When comparing Newark, NJ and High Point, NC, the overall cost of living indices are 100 and 73 respectively (national median = 100). Rent is $268/month cheaper in High Point, saving renters about $3,216/year.

Median household income is $12,812/year higher in High Point. Home values also differ significantly — the median in Newark is $337,800 compared to $212,400 in High Point.

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

Frequently Asked Questions

Newark vs High Point — common questions

Is Newark or High Point cheaper to live in?
Based on our cost index, High Point is cheaper to live in with an index of 73 compared to 100 (US average = 100).
What is the rent difference between Newark and High Point?
Median rent in Newark is $1,330/month and in High Point it's $1,062/month — a difference of $268/month.
Which city has higher income, Newark or High Point?
Median household income is $48,416 in Newark and $61,228 in High Point. Median household income is $12,812/year higher in High Point.
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 High Point?
It depends on your priorities. Newark has a cost index of 100 with median rent of $1,330/mo, while High Point has a cost index of 73 with rent of $1,062/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Newark details → View High Point details →

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