Cost of Living: Newark, NJ vs Midland, TX (2026)

Newark

New Jersey
100
VS

Midland

Texas
99

Newark and Midland have a similar cost of living.

$1,330/mo ↓ 5%
Median Rent
$1,407/mo ↑ 6%
$48,416/yr ↓ 47%
Median Income
$91,169/yr ↑ 88%
$337,800 ↑ 13%
Home Value
$298,600 ↓ 12%
$1,419/mo ↓ 3%
Owner Costs
$1,468/mo ↑ 3%
307,188
Population
133,998

Tax Comparison

10.75%
Income Tax
0%
6.625%
State Sales Tax
6.25%
2.23%
Property Tax
1.6%

Affordability

33.0%
rent-to-income
Affordability
18.5%
rent-to-income

Detailed Comparison

When comparing Newark, NJ and Midland, TX, the overall cost of living indices are 100 and 99 respectively (national median = 100). Rent is $77/month cheaper in Newark, saving renters about $924/year.

Median household income is $42,753/year higher in Midland. Home values also differ significantly — the median in Newark is $337,800 compared to $298,600 in Midland.

Texas has no state income tax, giving Midland residents a significant tax advantage over New Jersey's 10.75% rate.

Frequently Asked Questions

Newark vs Midland — common questions

Is Newark or Midland cheaper to live in?
Based on our cost index, Midland is cheaper to live in with an index of 99 compared to 100 (US average = 100).
What is the rent difference between Newark and Midland?
Median rent in Newark is $1,330/month and in Midland it's $1,407/month — a difference of $77/month.
Which city has higher income, Newark or Midland?
Median household income is $48,416 in Newark and $91,169 in Midland. Median household income is $42,753/year higher in Midland.
How do taxes compare between New Jersey and Texas?
New Jersey has 10.75% income tax, 6.625% sales tax, and 2.23% property tax. Texas has 0% income tax, 6.25% sales tax, and 1.6% property tax.
Should I move to Newark or Midland?
It depends on your priorities. Newark has a cost index of 100 with median rent of $1,330/mo, while Midland has a cost index of 99 with rent of $1,407/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Newark details → View Midland details →

More Comparisons

Other cost of living comparisons for Newark and Midland

Newark vs. St. Paul Newark vs. Pittsburgh Newark vs. Irvine Newark vs. Greensboro Newark vs. Cincinnati Newark vs. St. Louis Midland vs. Kent Midland vs. Coral Springs Midland vs. Stamford Midland vs. Sterling Heights Midland vs. Elizabeth Midland vs. New Haven