Lakewood township, New Jersey vs. Newark, New Jersey

Cost of Living Comparison

The cost of living in Newark, New Jersey is 6.6% more expensive than Lakewood township, New Jersey.

You would need a salary of $53,299 in Newark, New Jersey to maintain the standard of living you have in Lakewood township, New Jersey.
Comparison highlights
• Overall, Newark, New Jersey is more expensive than Lakewood township, New Jersey
• Transportation is the biggest factor in the cost of living difference.
Transportation
73% more expensive in Newark
than in Lakewood township, New Jersey
Lakewood_Township, NJ vs. Newark, NJ
Compared to Lakewood_Township, Newark is:
  Homeowner
      No Child Care, Taxes not Considered
  6.6% higher
      Child Care, Taxes not Considered
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      Child Care, Taxes Considered
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      No Child Care, Taxes Considered
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  Renter
      No Child Care, Taxes not Considered
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      Child Care, Taxes not Considered
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      Child Care, Taxes Considered
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      No Child Care, Taxes Considered
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  Food
  1.3% lower
  Housing (Homeowner)
  18.3% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  8.2% higher
  Commute
  73.8% higher
  Health
  1.4% higher
  Taxes
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  Childcare
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  Personal
  6.9% higher
Cost of Food
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