Philadelphia, PA vs Newark, NJ: 85 vs 100

$1,323/mo ≈ Same

Median Rent

$1,330/mo ≈ Same

$60,698/yr ↑ 25%

Median Income

$48,416/yr ↓ 20%

$232,400 ↓ 31%

Home Value

$337,800 ↑ 45%

$1,233/mo ↓ 13%

Owner Costs

$1,419/mo ↑ 15%

1,582,432

Population

307,188

Detailed Comparison

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

Median household income is $12,282/year higher in Philadelphia. Home values also differ significantly — the median in Philadelphia is $232,400 compared to $337,800 in Newark.

Pennsylvania has a lower income tax rate, making Philadelphia slightly more tax-friendly.

Frequently Asked Questions

Philadelphia vs Newark — common questions

Is Philadelphia or Newark cheaper to live in?

Based on our cost index, Philadelphia is cheaper to live in with an index of 85 compared to 100 (US average = 100).

What is the rent difference between Philadelphia and Newark?

Median rent in Philadelphia is $1,323/month and in Newark it's $1,330/month — a difference of $7/month.

Which city has higher income, Philadelphia or Newark?

Median household income is $60,698 in Philadelphia and $48,416 in Newark. Median household income is $12,282/year higher in Philadelphia.

How do taxes compare between Pennsylvania and New Jersey?

Pennsylvania has 3.07% income tax, 6.0% sales tax, and 1.49% property tax. New Jersey has 10.75% income tax, 6.625% sales tax, and 2.23% property tax.

Should I move to Philadelphia or Newark?

It depends on your priorities. Philadelphia has a cost index of 85 with median rent of $1,323/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.

Cost of Living: Philadelphia, PA vs Newark, NJ (2026)

Philadelphia

Newark

Tax Comparison

Affordability

Detailed Comparison

Frequently Asked Questions

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