Cost of Living: Newark, NJ vs Port St. Lucie, FL (2026)

Newark

New Jersey
100
VS

Port St. Lucie

Florida
113

Newark is 12% cheaper than Port St. Lucie.

$1,330/mo ↓ 25%
Median Rent
$1,781/mo ↑ 34%
$48,416/yr ↓ 38%
Median Income
$78,137/yr ↑ 61%
$337,800 ↑ 3%
Home Value
$327,700 ↓ 3%
$1,419/mo ↓ 6%
Owner Costs
$1,507/mo ↑ 6%
307,188
Population
220,453

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
27.4%
rent-to-income

Detailed Comparison

When comparing Newark, NJ and Port St. Lucie, FL, the overall cost of living indices are 100 and 113 respectively (national median = 100). Rent is $451/month cheaper in Newark, saving renters about $5,412/year.

Median household income is $29,721/year higher in Port St. Lucie. Home values also differ significantly — the median in Newark is $337,800 compared to $327,700 in Port St. Lucie.

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

Frequently Asked Questions

Newark vs Port St. Lucie — common questions

Is Newark or Port St. Lucie cheaper to live in?
Based on our cost index, Newark is cheaper to live in with an index of 100 compared to 113 (US average = 100).
What is the rent difference between Newark and Port St. Lucie?
Median rent in Newark is $1,330/month and in Port St. Lucie it's $1,781/month — a difference of $451/month.
Which city has higher income, Newark or Port St. Lucie?
Median household income is $48,416 in Newark and $78,137 in Port St. Lucie. Median household income is $29,721/year higher in Port St. Lucie.
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 Port St. Lucie?
It depends on your priorities. Newark has a cost index of 100 with median rent of $1,330/mo, while Port St. Lucie has a cost index of 113 with rent of $1,781/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Newark details → View Port St. Lucie details →

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