City Comparison

Cranston vs Newark

Cost of Living Comparison · 2026

Cranston

Rhode Island
109
Above Average
$395,000
Median Home
$1,375/mo
Median Rent
$90,200
Median Income

Newark

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

The Verdict

9.9%

Living in Cranston costs 9.9% less than Newark. To match the purchasing power of a $75,000 salary in Cranston, you would need $83,257 in Newark.

Category-by-Category Breakdown

Index values · National average = 100 · Lower is more affordable

Housing
135
Cranston
149
Newark
Groceries
103
Cranston
103
Newark
Utilities
113
Cranston
118
Newark
Transportation
93
Cranston
115
Newark
Healthcare
110
Cranston
105
Newark

Salary Equivalence

A $75,000 salary in Cranston has the same purchasing power as $83,257 in Newark.

Conversely, $75,000 in Newark equals $67,562 in Cranston.

Living in Cranston vs Newark

Housing Costs

Cranston's housing index of 135 is lower Newark's 149, translating to median home prices of $395,000 vs $340,000. The $55,000 difference in home prices means roughly $3,576 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,375/mo in Cranston compared to $1,400/mo in Newark, a monthly difference of $25.

Grocery & Food Costs

Grocery expenses index at 103 in Cranston and 103 in Newark. A household spending the national average of $475/month on groceries would pay approximately $489/month in Cranston vs $489/month in Newark. The difference in grocery costs between these cities is relatively minor and unlikely to be a deciding factor in relocation.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 113 in Cranston and 118 in Newark. Monthly utility bills average approximately $452 in Cranston vs $472 in Newark. Utility costs are relatively comparable between these two cities.

Healthcare

Healthcare costs index at 110 in Cranston and 105 in Newark. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. Healthcare costs are relatively similar between these two cities, though individual plan costs can still vary.

Income & Purchasing Power

Median household income is $90,200 in Cranston and $40,014 in Newark. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $82,752 and $33,069 respectively. Cranston residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $2,105/month to housing in Cranston vs $934/month in Newark. In Cranston, median rent of $1,375/mo fits within this budget. In Newark, median rent of $1,400/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Transportation, where the gap is 22 index points — focus your budget analysis there.

Frequently Asked Questions

Cranston is 9.9% more affordable overall with an index of 109 vs 121.
A $75,000 salary in Cranston has equivalent purchasing power to approximately $83,257 in Newark, based on the cost of living difference.
Cranston's housing index is 135 with median homes at $395,000, while Newark's is 149 with median homes at $340,000.

Moving & Relocation Resources

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