Irvine, CA vs Newark, NJ
Cost of Living Comparison
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Equivalent Salary
$100,000 in Irvine, CA = $96,715 in Newark, NJ
Buying power is -3.3% lower in Newark, NJ
Median Rent
$2,893 vs $1,330
-54.0% lower in Newark, NJ
Median Income
$129,647 vs $48,416
-62.7% lower in Newark, NJ
Home Value
$1,115,400 vs $337,800
-69.7% lower in Newark, NJ
Price Level
112.6 vs 108.9
US avg = 100
Salary Needed for Median Rent
$115,700 vs $53,200
30% of gross income guideline
Rent as % of Income
26.8% vs 33.0%
Lower is more affordable