City Comparison

Newark vs Stockholm

Cost of Living Comparison · 2026

Newark

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

Stockholm

Sweden
97
Average
$445,000
Median Home
$1,500/mo
Median Rent
$50,000
Median Income

The Verdict

24.7%

Stockholm is 24.7% less expensive than Newark overall. A household earning $75,000 in Newark would need approximately $60,124 in Stockholm to maintain the same standard of living.

Category-by-Category Breakdown

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

Housing
149
Newark
118
Stockholm
Groceries
103
Newark
92
Stockholm
Utilities
118
Newark
88
Stockholm
Transportation
115
Newark
108
Stockholm
Healthcare
105
Newark
82
Stockholm

Salary Equivalence

A $75,000 salary in Newark has the same purchasing power as $60,124 in Stockholm.

Conversely, $75,000 in Stockholm equals $93,557 in Newark.

Living in Newark vs Stockholm

Housing Costs

Newark's housing index of 149 is higher Stockholm's 118, translating to median home prices of $340,000 vs $445,000. The $105,000 difference in home prices means roughly $6,828 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,400/mo in Newark compared to $1,500/mo in Stockholm, a monthly difference of $100.

Grocery & Food Costs

Grocery expenses index at 103 in Newark and 92 in Stockholm. A household spending the national average of $475/month on groceries would pay approximately $489/month in Newark vs $437/month in Stockholm. Stockholm offers a meaningful advantage on everyday food costs, saving roughly $624/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 118 in Newark and 88 in Stockholm. Monthly utility bills average approximately $472 in Newark vs $352 in Stockholm. 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 82 in Stockholm. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 23-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 $50,000 in Stockholm. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $33,069 and $51,546 respectively. Stockholm 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 $1,167/month in Stockholm. In Newark, median rent of $1,400/mo exceeds this threshold, suggesting renters may feel stretched. In Stockholm, median rent of $1,500/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Housing, where the gap is 31 index points — focus your budget analysis there.

Frequently Asked Questions

Stockholm is 24.7% more affordable overall with an index of 97 vs 121.
A $75,000 salary in Newark has equivalent purchasing power to approximately $60,124 in Stockholm, based on the cost of living difference.
Newark's housing index is 149 with median homes at $340,000, while Stockholm's is 118 with median homes at $445,000.

Moving & Relocation Resources

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