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

Newark

New Jersey
100
VS

The Woodlands

Texas
139

Newark is 28% cheaper than The Woodlands.

$1,330/mo ↓ 26%
Median Rent
$1,792/mo ↑ 35%
$48,416/yr ↓ 66%
Median Income
$141,353/yr ↑ 192%
$337,800 ↓ 30%
Home Value
$479,400 ↑ 42%
$1,419/mo ↓ 29%
Owner Costs
$2,005/mo ↑ 41%
307,188
Population
116,916

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
15.2%
rent-to-income

Detailed Comparison

When comparing Newark, NJ and The Woodlands, TX, the overall cost of living indices are 100 and 139 respectively (national median = 100). Rent is $462/month cheaper in Newark, saving renters about $5,544/year.

Median household income is $92,937/year higher in The Woodlands. Home values also differ significantly — the median in Newark is $337,800 compared to $479,400 in The Woodlands.

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

Frequently Asked Questions

Newark vs The Woodlands — common questions

Is Newark or The Woodlands cheaper to live in?
Based on our cost index, Newark is cheaper to live in with an index of 100 compared to 139 (US average = 100).
What is the rent difference between Newark and The Woodlands?
Median rent in Newark is $1,330/month and in The Woodlands it's $1,792/month — a difference of $462/month.
Which city has higher income, Newark or The Woodlands?
Median household income is $48,416 in Newark and $141,353 in The Woodlands. Median household income is $92,937/year higher in The Woodlands.
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 The Woodlands?
It depends on your priorities. Newark has a cost index of 100 with median rent of $1,330/mo, while The Woodlands has a cost index of 139 with rent of $1,792/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Newark details → View The Woodlands details →

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