Newark, New Jersey vs. Lake City, Florida

Cost of Living Comparison

The cost of living in Lake City, Florida is 32.5% cheaper than Newark, New Jersey.

You would need a salary of $33,754 in Lake City, Florida to maintain the standard of living you have in Newark, New Jersey.
Comparison highlights
• Overall, Lake City, Florida is cheaper than Newark, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
38% cheaper in Lake City
than in Newark, New Jersey
Newark, NJ vs. Lake_City, FL
Compared to Newark, Lake_City is:
  Homeowner
      No Child Care, Taxes not Considered
  32.5% 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
  6.7% lower
  Housing (Homeowner)
  45.2% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  10.1% lower
  Commute
  52.9% lower
  Health
  17.8% higher
  Taxes
  Childcare
  Personal
  19.4% lower

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