City Comparison

High Point vs Newark

Cost of Living Comparison · 2026

High Point

North Carolina
84
Very Affordable
$249,000
Median Home
$1,075/mo
Median Rent
$49,200
Median Income

Newark

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

The Verdict

30.6%

The cost gap between these cities is 30.6%, with High Point being the more affordable option. A $75,000 income in High Point has equivalent purchasing power to $108,036 in Newark.

Category-by-Category Breakdown

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

Housing
61
High Point
149
Newark
Groceries
96
High Point
103
Newark
Utilities
98
High Point
118
Newark
Transportation
92
High Point
115
Newark
Healthcare
101
High Point
105
Newark

Salary Equivalence

A $75,000 salary in High Point has the same purchasing power as $108,036 in Newark.

Conversely, $75,000 in Newark equals $52,066 in High Point.

Living in High Point vs Newark

Housing Costs

High Point's housing index of 61 is lower Newark's 149, translating to median home prices of $249,000 vs $340,000. The $91,000 difference in home prices means roughly $5,916 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,075/mo in High Point compared to $1,400/mo in Newark, a monthly difference of $325.

Grocery & Food Costs

Grocery expenses index at 96 in High Point and 103 in Newark. A household spending the national average of $475/month on groceries would pay approximately $456/month in High Point vs $489/month in Newark. High Point offers a meaningful advantage on everyday food costs, saving roughly $396/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 98 in High Point and 118 in Newark. Monthly utility bills average approximately $392 in High Point vs $472 in Newark. Climate differences between the two cities drive much of this gap, with heating and cooling costs varying substantially by region.

Healthcare

Healthcare costs index at 101 in High Point 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 $49,200 in High Point and $40,014 in Newark. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $58,571 and $33,069 respectively. High Point residents enjoy stronger real purchasing power despite higher nominal wages.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $1,148/month to housing in High Point vs $934/month in Newark. In High Point, median rent of $1,075/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 Housing, where the gap is 88 index points — focus your budget analysis there.

Frequently Asked Questions

High Point is 30.6% more affordable overall with an index of 84 vs 121.
A $75,000 salary in High Point has equivalent purchasing power to approximately $108,036 in Newark, based on the cost of living difference.
High Point's housing index is 61 with median homes at $249,000, while Newark's is 149 with median homes at $340,000.

Moving & Relocation Resources

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