๐Ÿ“Š Cost of Living Comparison

Newark vs Burlington

Side-by-side cost of living comparison for 2026

Newark

New Jersey
121
Expensive
$340,000
Median Home
$1,400/mo
Median Rent
$40,014
Median Income

Burlington

Vermont
118
Above Average
$380,000
Median Home
$1,800/mo
Median Rent
$51,098
Median Income

๐Ÿ’ก The Verdict

Newark and Burlington have very similar costs of living, with less than a 3% difference overall.

Category-by-Category Breakdown

Index values shown. National average = 100. Lower is cheaper.

Housing
149
Newark
139
Burlington
Groceries
103
Newark
108
Burlington
Utilities
118
Newark
115
Burlington
Transportation
115
Newark
98
Burlington
Healthcare
105
Newark
116
Burlington

๐Ÿ’ฐ Salary Equivalence

To maintain the same standard of living:

$73,140
$75K in Newark โ†’ Burlington
$76,907
$75K in Burlington โ†’ Newark

See exact take-home pay: New Jersey salaries ยท Vermont salaries

Living in Newark vs Burlington

Housing is typically the biggest factor in any cost-of-living comparison. Newark has a housing index of 149 while Burlington sits at 139 (national average = 100). The median home in Newark costs $340,000 compared to $380,000 in Burlington, a difference of $40,000. Monthly rent follows a similar pattern: $1,400 in Newark versus $1,800 in Burlington.

Groceries and everyday expenses show a notable difference: Newark scores 103 while Burlington scores 108.

Healthcare costs in Newark (105) are lower than Burlington (116).

Median household income in Newark is $40,014 compared to $51,098 in Burlington. When adjusted for cost of living, purchasing power is similar in both cities.

Relocating: Newark vs Burlington

If you are considering a move between Newark (index: 121) and Burlington (index: 118), the 2% cost difference has real implications for your budget. Burlington is the more affordable option, but the right choice depends on your income, career opportunities, and lifestyle priorities.

Housing budget reality: Using the 28% rule (spending no more than 28% of gross income on housing), the median household in Newark can afford $934/month, while the median household in Burlington can afford $1,192/month. With median homes at $340,000 in Newark versus $380,000 in Burlington, homeownership requires above-median income in the pricier market.

Renting vs buying: At $1,400/month in Newark and $1,800/month in Burlington, renters save significantly in Burlington. The rent-to-own ratio in each city determines whether renting or buying offers better value for your situation.

Income adjustment: A $75,000 salary goes about equally far in both cities. Before accepting a job in either city, use the salary equivalence data above to understand what you would need to earn to maintain your current standard of living.

Reading These Numbers: Newark (121) vs Burlington (118)

The cost of living index uses 100 as the national average. Newark at 121 is 21% above the US average, while Burlington at 118 is 18% above average. There is a meaningful cost gap between these two cities that affects day-to-day budgeting.

The overall index is a weighted average of housing (the largest component), groceries, utilities, transportation, and healthcare. Housing typically drives the biggest differences between cities. Even when two cities have similar overall indices, their category-level costs can vary significantly โ€” one city might have expensive housing but cheap groceries, while another is the reverse. Check the category breakdown above for the full picture.

For renters: With median rents of $1,400/month in Newark and $1,800/month in Burlington, the annual rent difference is approximately $4,800. Over a 5-year period, that compounds to $24,000 in savings by choosing the more affordable city.

For homebuyers: The $40,000 difference in median home prices between Newark and Burlington translates to roughly $2,400 per month in mortgage payments at current rates. Factor this into your budget alongside property taxes and insurance, which also vary by location.

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