Cost of Living: Newark, NJ vs Pompano Beach, FL (2026)

Newark

New Jersey
100
VS

Pompano Beach

Florida
109

Newark is 8% cheaper than Pompano Beach.

$1,330/mo ↓ 19%
Median Rent
$1,636/mo ↑ 23%
$48,416/yr ↓ 24%
Median Income
$63,832/yr ↑ 32%
$337,800 ↑ 5%
Home Value
$321,900 ↓ 5%
$1,419/mo ↓ 7%
Owner Costs
$1,527/mo ↑ 8%
307,188
Population
112,212

Tax Comparison

10.75%
Income Tax
0%
6.625%
State Sales Tax
6.0%
2.23%
Property Tax
0.86%

Affordability

33.0%
rent-to-income
Affordability
30.8%
rent-to-income

Detailed Comparison

When comparing Newark, NJ and Pompano Beach, FL, the overall cost of living indices are 100 and 109 respectively (national median = 100). Rent is $306/month cheaper in Newark, saving renters about $3,672/year.

Median household income is $15,416/year higher in Pompano Beach. Home values also differ significantly — the median in Newark is $337,800 compared to $321,900 in Pompano Beach.

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

Frequently Asked Questions

Newark vs Pompano Beach — common questions

Is Newark or Pompano Beach cheaper to live in?
Based on our cost index, Newark is cheaper to live in with an index of 100 compared to 109 (US average = 100).
What is the rent difference between Newark and Pompano Beach?
Median rent in Newark is $1,330/month and in Pompano Beach it's $1,636/month — a difference of $306/month.
Which city has higher income, Newark or Pompano Beach?
Median household income is $48,416 in Newark and $63,832 in Pompano Beach. Median household income is $15,416/year higher in Pompano Beach.
How do taxes compare between New Jersey and Florida?
New Jersey has 10.75% income tax, 6.625% sales tax, and 2.23% property tax. Florida has 0% income tax, 6.0% sales tax, and 0.86% property tax.
Should I move to Newark or Pompano Beach?
It depends on your priorities. Newark has a cost index of 100 with median rent of $1,330/mo, while Pompano Beach has a cost index of 109 with rent of $1,636/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Newark details → View Pompano Beach details →

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