City Comparison

Newark vs Sydney

Cost of Living Comparison · 2026

Newark

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

Sydney

Australia
105
Average
$825,000
Median Home
$2,050/mo
Median Rent
$60,000
Median Income

The Verdict

15.2%

The cost gap between these cities is 15.2%, with Sydney being the more affordable option. A $75,000 income in Newark has equivalent purchasing power to $65,083 in Sydney.

Category-by-Category Breakdown

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

Housing
149
Newark
142
Sydney
Groceries
103
Newark
95
Sydney
Utilities
118
Newark
98
Sydney
Transportation
115
Newark
108
Sydney
Healthcare
105
Newark
72
Sydney

Salary Equivalence

A $75,000 salary in Newark has the same purchasing power as $65,083 in Sydney.

Conversely, $75,000 in Sydney equals $86,429 in Newark.

Living in Newark vs Sydney

Housing Costs

Newark's housing index of 149 is higher Sydney's 142, translating to median home prices of $340,000 vs $825,000. The $485,000 difference in home prices means roughly $31,524 per year in additional mortgage costs at current rates. Renters face a similar gap: $1,400/mo in Newark compared to $2,050/mo in Sydney, a monthly difference of $650.

Grocery & Food Costs

Grocery expenses index at 103 in Newark and 95 in Sydney. A household spending the national average of $475/month on groceries would pay approximately $489/month in Newark vs $451/month in Sydney. Sydney offers a meaningful advantage on everyday food costs, saving roughly $456/year.

Utility Expenses

Utility costs — electricity, gas, water, internet — index at 118 in Newark and 98 in Sydney. Monthly utility bills average approximately $472 in Newark vs $392 in Sydney. 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 72 in Sydney. This encompasses insurance premiums, doctor visit copays, dental care, and prescription costs. The 33-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 $60,000 in Sydney. After adjusting for local costs, purchasing-power-equivalent incomes are approximately $33,069 and $57,143 respectively. Sydney 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 $1,400/month in Sydney. In Newark, median rent of $1,400/mo exceeds this threshold, suggesting renters may feel stretched. In Sydney, median rent of $2,050/mo pushes past the recommended limit. The biggest category-level difference between these two cities is Healthcare, where the gap is 33 index points — focus your budget analysis there.

Frequently Asked Questions

Sydney is 15.2% more affordable overall with an index of 105 vs 121.
A $75,000 salary in Newark has equivalent purchasing power to approximately $65,083 in Sydney, based on the cost of living difference.
Newark's housing index is 149 with median homes at $340,000, while Sydney's is 142 with median homes at $825,000.

Moving & Relocation Resources

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