City Comparison

Newark vs Olympia

Cost of Living Comparison · 2026

Newark

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

Olympia

Washington
112
Above Average
$495,000
Median Home
$1,600/mo
Median Rent
$81,300
Median Income

The Verdict

8.0%

Olympia is 8.0% less expensive than Newark overall. A household earning $75,000 in Newark would need approximately $69,421 in Olympia to maintain the same standard of living.

Category-by-Category Breakdown

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

Housing
149
Newark
131
Olympia
Groceries
103
Newark
105
Olympia
Utilities
118
Newark
91
Olympia
Transportation
115
Newark
129
Olympia
Healthcare
105
Newark
124
Olympia

Salary Equivalence

A $75,000 salary in Newark has the same purchasing power as $69,421 in Olympia.

Conversely, $75,000 in Olympia equals $81,027 in Newark.

Living in Newark vs Olympia

Housing Costs

Newark's housing index of 149 is higher Olympia's 131, translating to median home prices of $340,000 vs $495,000. The $155,000 difference in home prices means roughly $10,080 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,400/mo in Newark compared to $1,600/mo in Olympia, a monthly difference of $200.

Grocery & Food Costs

Grocery expenses index at 103 in Newark and 105 in Olympia. A household spending the national average of $475/month on groceries would pay approximately $489/month in Newark vs $499/month in Olympia. 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 118 in Newark and 91 in Olympia. Monthly utility bills average approximately $472 in Newark vs $364 in Olympia. 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 105 in Newark and 124 in Olympia. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 19-point gap reflects real differences in provider costs, insurance market competition, and regional healthcare infrastructure.

Income & Purchasing Power

Median household income is $40,014 in Newark and $81,300 in Olympia. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $33,069 and $72,589 respectively. Olympia residents come out ahead in real purchasing power.

Relocation Considerations

Under the standard 28% rule, a median-income household can allocate $934/month to housing in Newark vs $1,897/month in Olympia. In Newark, median rent of $1,400/mo exceeds this threshold, suggesting renters may feel stretched. In Olympia, median rent of $1,600/mo remains manageable. The biggest category-level difference between these two cities is Utilities, where the gap is 27 index points — focus your budget analysis there.

Frequently Asked Questions

Olympia is 8.0% more affordable overall with an index of 112 vs 121.
A $75,000 salary in Newark has equivalent purchasing power to approximately $69,421 in Olympia, based on the cost of living difference.
Newark's housing index is 149 with median homes at $340,000, while Olympia's is 131 with median homes at $495,000.

Moving & Relocation Resources

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