Cost of Living Calculator - Newark, New Jersey vs Prospect, Connecticut


The cost of living in Prospect, Connecticut is 4.7% cheaper than Newark, New Jersey.

You would need a salary of $71,458 in Prospect, Connecticut to maintain the standard of living you have in Newark, New Jersey.
Comparison highlights
• Overall, Prospect, Connecticut is cheaper than Newark, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
7% cheaper in Prospect
than in Newark, New Jersey
Newark, NJ vs Prospect, CT
Compared to Newark, Prospect is:
  Homeowner
      No Child Care, Taxes not Considered
  4.7% lower
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  3.4% higher
  Housing (Homeowner)
  2.4% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  4.0% higher
  Commute
  28.3% lower
  Health
  21.6% higher
  Taxes
  Childcare
  Personal
  6.3% higher

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