๐Ÿ“Š Cost of Living Comparison

Newark vs Sarasota

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

Sarasota

Florida
112
Above Average
$380,000
Median Home
$1,800/mo
Median Rent
$52,147
Median Income

๐Ÿ’ก The Verdict

7% cheaper
Sarasota is 7% more affordable than Newark. A $75,000 salary in Newark is equivalent to $69,421 in Sarasota.

Category-by-Category Breakdown

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

Housing
149
Newark
132
Sarasota
Groceries
103
Newark
104
Sarasota
Utilities
118
Newark
95
Sarasota
Transportation
115
Newark
104
Sarasota
Healthcare
105
Newark
97
Sarasota

๐Ÿ’ฐ Salary Equivalence

To maintain the same standard of living:

$69,421
$75K in Newark โ†’ Sarasota
$81,027
$75K in Sarasota โ†’ Newark

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

Living in Newark vs Sarasota

Housing is typically the biggest factor in any cost-of-living comparison. Newark has a housing index of 149 while Sarasota sits at 132 (national average = 100). The median home in Newark costs $340,000 compared to $380,000 in Sarasota, a difference of $40,000. Monthly rent follows a similar pattern: $1,400 in Newark versus $1,800 in Sarasota.

Groceries and everyday expenses show a narrower gap: Newark scores 103 while Sarasota scores 104. Both cities are close to the national average for grocery costs.

Healthcare costs in Newark (105) are higher than Sarasota (97). Both are close to the national average.

Median household income in Newark is $40,014 compared to $52,147 in Sarasota. When adjusted for cost of living, income goes further in Sarasota.

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