Portland is 38% more expensive than Newark.
When comparing Portland, OR and Newark, NJ, the overall cost of living indices are 138 and 100 respectively (national median = 100). Rent is $266/month cheaper in Newark, saving renters about $3,192/year.
Median household income is $40,376/year higher in Portland. Home values also differ significantly — the median in Portland is $557,600 compared to $337,800 in Newark.
Oregon has a lower income tax rate, making Portland slightly more tax-friendly.
Portland vs Newark — common questions
Other cost of living comparisons for Portland and Newark