Los Angeles, CA vs Newark, NJ
Cost of living comparison · 2023 Census ACS data
Quick Summary
Los Angeles is materially more expensive on housing — $880,000 for a typical home compared with $338,000 in Newark, a gap of roughly 62%.
Median Home Value
$879,500
$337,800 ✓
Zillow Home Value
$941,985
$474,177
Median Gross Rent
$1,879/mo
$1,330/mo ✓
Owner Occupied %
36.3%
24.1%
Price-to-Rent Ratio
39.0x
21.2x
Median Household Income
$80,366 ✓
$48,416
Per Capita Income
$46,270
$25,509
Unemployment Rate
7.9% ✓
10.9%
Poverty Rate
16.6%
24.7%
Avg Commute (min)
34.1 min
36.3 min
Drove Alone %
61.4%
50.4%
Public Transit %
6.7%
18.6%
Work From Home %
17.3%
6.1%
State Income Tax
13.3%
10.8%
Total Sales Tax
8.7%
6.6% ✓
Property Tax Rate
0.7%
2.5%
Bachelor's Degree %
24.5%
12.2%
Median Age
36.9
34.8
Avg High Temp
70.4°F
63.8°F
Annual Precipitation
13.4"
46.6"
Annual Snowfall
—
31.5"
Los Angeles, CA 2 wins
- ✓Median Household Income
- ✓Unemployment Rate
Newark, NJ 3 wins
- ✓Median Home Value
- ✓Median Gross Rent
- ✓Total Sales Tax
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