Cost of Living: Oklahoma City, OK vs Newark, NJ (2026)

Oklahoma City

Oklahoma City
74
VS

Newark

New Jersey
100

Oklahoma City is 26% cheaper than Newark.

$1,083/mo ↓ 19%
Median Rent
$1,330/mo ↑ 23%
$66,702/yr ↑ 38%
Median Income
$48,416/yr ↓ 27%
$215,100 ↓ 36%
Home Value
$337,800 ↑ 57%
$1,133/mo ↓ 20%
Owner Costs
$1,419/mo ↑ 25%
688,693
Population
307,188

Tax Comparison

4.75%
Income Tax
10.75%
4.5%
State Sales Tax
6.625%
0.9%
Property Tax
2.23%

Affordability

19.5%
rent-to-income
Affordability
33.0%
rent-to-income

Detailed Comparison

When comparing Oklahoma City, OK and Newark, NJ, the overall cost of living indices are 74 and 100 respectively (national median = 100). Rent is $247/month cheaper in Oklahoma City, saving renters about $2,964/year.

Median household income is $18,286/year higher in Oklahoma City. Home values also differ significantly — the median in Oklahoma City is $215,100 compared to $337,800 in Newark.

Oklahoma City has a lower income tax rate, making Oklahoma City slightly more tax-friendly.

Frequently Asked Questions

Oklahoma City vs Newark — common questions

Is Oklahoma City or Newark cheaper to live in?
Based on our cost index, Oklahoma City is cheaper to live in with an index of 74 compared to 100 (US average = 100).
What is the rent difference between Oklahoma City and Newark?
Median rent in Oklahoma City is $1,083/month and in Newark it's $1,330/month — a difference of $247/month.
Which city has higher income, Oklahoma City or Newark?
Median household income is $66,702 in Oklahoma City and $48,416 in Newark. Median household income is $18,286/year higher in Oklahoma City.
How do taxes compare between Oklahoma and New Jersey?
Oklahoma has 4.75% income tax, 4.5% sales tax, and 0.9% property tax. New Jersey has 10.75% income tax, 6.625% sales tax, and 2.23% property tax.
Should I move to Oklahoma City or Newark?
It depends on your priorities. Oklahoma City has a cost index of 74 with median rent of $1,083/mo, while Newark has a cost index of 100 with rent of $1,330/mo. Consider income potential, tax burden, and lifestyle preferences alongside raw cost data.
View Oklahoma City details → View Newark details →

More Comparisons

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