Cost of Living: Newark, NJ vs Spring Hill, FL (2026)

Newark

New Jersey
100
VS

Spring Hill

Florida
85

Newark is 18% more expensive than Spring Hill.

$1,330/mo ↑ 2%
Median Rent
$1,301/mo ↓ 2%
$48,416/yr ↓ 27%
Median Income
$66,557/yr ↑ 37%
$337,800 ↑ 36%
Home Value
$248,400 ↓ 26%
$1,419/mo ↑ 23%
Owner Costs
$1,153/mo ↓ 19%
307,188
Population
118,814

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
23.5%
rent-to-income

Detailed Comparison

When comparing Newark, NJ and Spring Hill, FL, the overall cost of living indices are 100 and 85 respectively (national median = 100). Rent is comparable in both cities, with less than $50/month separating them.

Median household income is $18,141/year higher in Spring Hill. Home values also differ significantly — the median in Newark is $337,800 compared to $248,400 in Spring Hill.

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

Frequently Asked Questions

Newark vs Spring Hill — common questions

Is Newark or Spring Hill cheaper to live in?
Based on our cost index, Spring Hill is cheaper to live in with an index of 85 compared to 100 (US average = 100).
What is the rent difference between Newark and Spring Hill?
Median rent in Newark is $1,330/month and in Spring Hill it's $1,301/month — a difference of $29/month.
Which city has higher income, Newark or Spring Hill?
Median household income is $48,416 in Newark and $66,557 in Spring Hill. Median household income is $18,141/year higher in Spring Hill.
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 Spring Hill?
It depends on your priorities. Newark has a cost index of 100 with median rent of $1,330/mo, while Spring Hill has a cost index of 85 with rent of $1,301/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Newark details → View Spring Hill details →

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