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NEWARK vs. RICHMOND
Cost of Living Comparison
Comparison
Food
Housing
Utilities
Commute
Health
Taxes
Childcare
Personal
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Newark, New Jersey vs. Richmond, Virginia
Cost of Living Comparison
The cost of living in Richmond, Virginia is
21.7%
cheaper
than Newark, New Jersey.
You would need a salary of
$39,207
in Richmond, Virginia to maintain the standard of living you have in Newark, New Jersey.
Comparison highlights
• Overall, Richmond, Virginia is
cheaper
than Newark, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
15% cheaper in Richmond
than in Newark, New Jersey
Newark, NJ vs. Richmond, VA
Compared to Newark, Richmond is:
Homeowner
No Child Care, Taxes not Considered
21.7% lower
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
5.5% lower
Housing (Homeowner)
19.2% lower
Housing (Rent)
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Median Home Cost
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Utilities
13.3% lower
Commute
46.5% lower
Health
0.1% higher
Taxes
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Childcare
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Personal
8.9% lower
Cost of Food
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