City Intelligence
Newark, NJ
Premium salary, cost-of-living, and purchasing-power profile for Newark.
COL Index
124
100 = US avg
Rent 1BR
$1,800
Home price
$400,000
Population
282,000
SalaryScope Scores
Proprietary 0–100 indices for Newark.
Affordability
23/100
Weak
23
Lower COL + rent
Purchasing Power
48/100
Moderate
48
On a $75k salary after tax
Growth
55/100
Moderate
55
Market size & momentum
Top occupations in Newark
| Occupation | Median | PP | Future |
|---|---|---|---|
| Physician | $296,400 | 100 | 80 |
| Investment Banker | $223,200 | 96 | 80 |
| Corporate Counsel | $223,200 | 96 | 60 |
| Senior Software Engineer | $217,000 | 94 | 92 |
| PMO Director | $204,600 | 90 | 80 |
| Product Manager (Tech) | $198,400 | 88 | 80 |
| Enterprise Sales Rep | $198,400 | 88 | 80 |
| Director of Customer Experience | $179,800 | 82 | 80 |
| Data Scientist | $173,600 | 80 | 92 |
| Senior Program Manager | $173,600 | 80 | 80 |
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Cost of living detail
$100,000 in Newark has the local purchasing power of approximately $80,600 in a national-average city.