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NEWARK vs. HOMESTEAD
Cost of Living Comparison

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Cost of Living Calculator - Newark, New Jersey vs Homestead, Florida

The cost of living in Homestead, Florida is 7.4% cheaper than Newark, New Jersey.

You would need a salary of $46,295 in Homestead, Florida to maintain the standard of living you have in Newark, New Jersey.

Comparison highlights

• Overall, Homestead, Florida is cheaper than Newark, New Jersey
• Taxes is the biggest factor in the cost of living difference.

Taxes
33% cheaper in Homestead
than in Newark, New Jersey

Newark, NJ vs Homestead, FL

Compared to Newark, Homestead is:

Homeowner

No Child Care, Taxes not Considered

7.4% 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

0.5% higher

Housing (Homeowner)

20.5% lower

Housing (Rent)

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Median Home Cost

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Utilities

14.4% lower

Commute

1.3% lower

Health

4.9% higher

Taxes

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Childcare

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Personal

11.0% lower

Cost of Food

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