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NEW MILFORD vs. NEWARK
Cost of Living Comparison
Comparison
Food
Housing
Utilities
Commute
Health
Taxes
Childcare
Personal
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New Milford, New Jersey vs. Newark, New Jersey
Cost of Living Comparison
The cost of living in Newark, New Jersey is
7.7%
cheaper
than New Milford, New Jersey.
You would need a salary of
$78,422
in Newark, New Jersey to maintain the standard of living you have in New Milford, New Jersey.
Comparison highlights
• Overall, Newark, New Jersey is
cheaper
than New Milford, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
25% cheaper in Newark
than in New Milford, New Jersey
New Milford, NJ vs. Newark, NJ
Compared to New Milford, Newark is:
Homeowner
No Child Care, Taxes not Considered
7.7% 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
2.4% lower
Housing (Homeowner)
36.0% lower
Housing (Rent)
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Median Home Cost
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Utilities
0.3% higher
Commute
9.3% higher
Health
1.2% higher
Taxes
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Childcare
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Personal
0.3% higher
Cost of Food
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