Cost of Living: Newark, NJ vs Westminster, CO (2026)

Newark

New Jersey
100
VS

Westminster

Colorado
139

Newark is 28% cheaper than Westminster.

$1,330/mo ↓ 27%
Median Rent
$1,816/mo ↑ 37%
$48,416/yr ↓ 50%
Median Income
$96,145/yr ↑ 99%
$337,800 ↓ 32%
Home Value
$497,400 ↑ 47%
$1,419/mo ↓ 23%
Owner Costs
$1,841/mo ↑ 30%
307,188
Population
115,546

Tax Comparison

10.75%
Income Tax
4.4%
6.625%
State Sales Tax
2.9%
2.23%
Property Tax
0.51%

Affordability

33.0%
rent-to-income
Affordability
22.7%
rent-to-income

Detailed Comparison

When comparing Newark, NJ and Westminster, CO, the overall cost of living indices are 100 and 139 respectively (national median = 100). Rent is $486/month cheaper in Newark, saving renters about $5,832/year.

Median household income is $47,729/year higher in Westminster. Home values also differ significantly — the median in Newark is $337,800 compared to $497,400 in Westminster.

Colorado has a lower income tax rate, making Westminster slightly more tax-friendly.

Frequently Asked Questions

Newark vs Westminster — common questions

Is Newark or Westminster 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 Westminster?
Median rent in Newark is $1,330/month and in Westminster it's $1,816/month — a difference of $486/month.
Which city has higher income, Newark or Westminster?
Median household income is $48,416 in Newark and $96,145 in Westminster. Median household income is $47,729/year higher in Westminster.
How do taxes compare between New Jersey and Colorado?
New Jersey has 10.75% income tax, 6.625% sales tax, and 2.23% property tax. Colorado has 4.4% income tax, 2.9% sales tax, and 0.51% property tax.
Should I move to Newark or Westminster?
It depends on your priorities. Newark has a cost index of 100 with median rent of $1,330/mo, while Westminster has a cost index of 139 with rent of $1,816/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Newark details → View Westminster details →

More Comparisons

Other cost of living comparisons for Newark and Westminster

Newark vs. St. Paul Newark vs. Pittsburgh Newark vs. Irvine Newark vs. Greensboro Newark vs. Cincinnati Newark vs. St. Louis Westminster vs. Antioch Westminster vs. Manchester Westminster vs. Broken Arrow Westminster vs. Richmond Westminster vs. West Jordan Westminster vs. High Point