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HOMEWOOD vs. NEWARK
Cost of Living Comparison

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Cost of Living Calculator - Homewood, Illinois vs Newark, New Jersey

The cost of living in Newark, New Jersey is 27.5% more expensive than Homewood, Illinois.

You would need a salary of $95,639 in Newark, New Jersey to maintain the standard of living you have in Homewood, Illinois.

Comparison highlights

• Overall, Newark, New Jersey is more expensive than Homewood, Illinois
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
70% more expensive in Newark
than in Homewood, Illinois

Homewood, IL vs Newark, NJ

Compared to Homewood, Newark is:

Homeowner

No Child Care, Taxes not Considered

27.5% 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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Food

9.3% higher

Housing (Homeowner)

69.7% higher

Housing (Rent)

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Median Home Cost

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Utilities

17.0% higher

Commute

19.5% higher

Health

12.6% higher

Taxes

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Childcare

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Personal

7.0% higher

Cost of Food

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