Newark, New Jersey vs. Peabody, Massachusetts

Cost of Living Comparison

The cost of living in Peabody, Massachusetts is 6.6% more expensive than Newark, New Jersey.

You would need a salary of $53,298 in Peabody, Massachusetts to maintain the standard of living you have in Newark, New Jersey.
Comparison highlights
• Overall, Peabody, Massachusetts is more expensive than Newark, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
50% more expensive in Peabody
than in Newark, New Jersey
Newark, NJ vs. Peabody, MA
Compared to Newark, Peabody is:
  Homeowner
      No Child Care, Taxes not Considered
  6.6% 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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      No Child Care, Taxes Considered
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  Food
  5.0% higher
  Housing (Homeowner)
  67.1% higher
  Housing (Rent)
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  Median Home Cost
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  Utilities
  3.9% lower
  Commute
  38.3% lower
  Health
  10.6% lower
  Taxes
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  Childcare
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  Personal
  4.4% lower
Cost of Food
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