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INVERNESS vs. NEWARK
Cost of Living Comparison

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

The cost of living in Newark, New Jersey is 12.5% cheaper than Inverness, Illinois.

You would need a salary of $43,732 in Newark, New Jersey to maintain the standard of living you have in Inverness, Illinois.

Comparison highlights

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

Median Home Cost
41% cheaper in Newark
than in Inverness, Illinois

Inverness, IL vs Newark, NJ

Compared to Inverness, Newark is:

Homeowner

No Child Care, Taxes not Considered

12.5% 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

2.1% higher

Housing (Homeowner)

53.1% lower

Housing (Rent)

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Median Home Cost

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Utilities

20.1% higher

Commute

14.9% higher

Health

12.6% higher

Taxes

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Childcare

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Personal

6.4% higher

Cost of Food

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