๐Ÿ“Š Cost of Living Comparison

Newark vs Syracuse

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

Syracuse

New York
92
Below Average
$140,000
Median Home
$950/mo
Median Rent
$36,708
Median Income

๐Ÿ’ก The Verdict

24% cheaper
Syracuse is 24% more affordable than Newark. A $75,000 salary in Newark is equivalent to $57,025 in Syracuse.

Category-by-Category Breakdown

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

Housing
149
Newark
69
Syracuse
Groceries
103
Newark
101
Syracuse
Utilities
118
Newark
105
Syracuse
Transportation
115
Newark
101
Syracuse
Healthcare
105
Newark
100
Syracuse

๐Ÿ’ฐ Salary Equivalence

To maintain the same standard of living:

$57,025
$75K in Newark โ†’ Syracuse
$98,641
$75K in Syracuse โ†’ Newark

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

Living in Newark vs Syracuse

Housing is typically the biggest factor in any cost-of-living comparison. Newark has a housing index of 149 while Syracuse sits at 69 (national average = 100). The median home in Newark costs $340,000 compared to $140,000 in Syracuse, a difference of $200,000. Monthly rent follows a similar pattern: $1,400 in Newark versus $950 in Syracuse.

Groceries and everyday expenses show a narrower gap: Newark scores 103 while Syracuse scores 101. Both cities are close to the national average for grocery costs.

Healthcare costs in Newark (105) are higher than Syracuse (100). Both are close to the national average.

Median household income in Newark is $40,014 compared to $36,708 in Syracuse. When adjusted for cost of living, income goes further in Syracuse.

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