Newark, New Jersey vs. Richmond, Texas

Cost of Living Comparison

The cost of living in Richmond, Texas is 12.5% cheaper than Newark, New Jersey.

You would need a salary of $65,596 in Richmond, Texas to maintain the standard of living you have in Newark, New Jersey.
Comparison highlights
• Overall, Richmond, Texas is cheaper than Newark, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
5% cheaper in Richmond
than in Newark, New Jersey
Newark, NJ vs. Richmond, TX
Compared to Newark, Richmond is:
  Homeowner
      No Child Care, Taxes not Considered
  12.5% lower
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  4.5% lower
  Housing (Homeowner)
  1.1% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  12.0% lower
  Commute
  24.0% lower
  Health
  1.8% lower
  Taxes
  Childcare
  Personal
  8.0% lower