Newark, NJ vs Providence, RI: 100 vs 99

$1,330/mo ≈ Same

Median Rent

$1,333/mo ≈ Same

$48,416/yr ↓ 27%

Median Income

$66,772/yr ↑ 38%

$337,800 ↑ 5%

Home Value

$322,800 ↓ 4%

$1,419/mo ↓ 3%

Owner Costs

$1,467/mo ↑ 3%

307,188

Population

190,214

Detailed Comparison

When comparing Newark, NJ and Providence, RI, the overall cost of living indices are 100 and 99 respectively (national median = 100). Rent is comparable in both cities, with less than $50/month separating them.

Median household income is $18,356/year higher in Providence. Home values also differ significantly — the median in Newark is $337,800 compared to $322,800 in Providence.

Rhode Island has a lower income tax rate, making Providence slightly more tax-friendly.

Frequently Asked Questions

Newark vs Providence — common questions

Is Newark or Providence cheaper to live in?

Based on our cost index, Providence is cheaper to live in with an index of 99 compared to 100 (US average = 100).

What is the rent difference between Newark and Providence?

Median rent in Newark is $1,330/month and in Providence it's $1,333/month — a difference of $3/month.

Which city has higher income, Newark or Providence?

Median household income is $48,416 in Newark and $66,772 in Providence. Median household income is $18,356/year higher in Providence.

How do taxes compare between New Jersey and Rhode Island?

New Jersey has 10.75% income tax, 6.625% sales tax, and 2.23% property tax. Rhode Island has 5.99% income tax, 7.0% sales tax, and 1.53% property tax.

Should I move to Newark or Providence?

It depends on your priorities. Newark has a cost index of 100 with median rent of $1,330/mo, while Providence has a cost index of 99 with rent of $1,333/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.

Cost of Living: Newark, NJ vs Providence, RI (2026)

Newark

Providence

Tax Comparison

Affordability

Detailed Comparison

Frequently Asked Questions

More Comparisons