CostIndexUSA

Newark, NJ vs Pueblo, CO Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

NJ
Newark
112.6
overall index
$3,225/mo rent
More AffordableCO
Pueblo
91.8
overall index
$1,250/mo rent

Pueblo is significantly cheaper than Newark — 18.5% lower overall cost of living.

To match an $80,000 salary in Newark, you would need $65,200 in Pueblo. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing52.0%
Newark
148.6
Pueblo
71.3
🛒 Groceries12.9%
Newark
110.3
Pueblo
96.1
🚗 Transportation5.7%
Newark
111.1
Pueblo
104.8
🏥 Healthcare5.7%
Newark
100.5
Pueblo
94.8
Utilities35.5%
Newark
127
Pueblo
81.9

Salary Equivalency Calculator

Enter your current salary in Newark to see what you'd need to earn in Pueblo to maintain the same purchasing power.

$
Equivalent salary in Pueblo, CO
$65,200
$14,800 less needed in Pueblo

Formula: salary × (91.8 ÷ 112.6) = salary × 0.8153. Based on BEA Regional Price Parities.

Housing Market

Newark, NJ

Median Home Price
$703,000
Median Monthly Rent
$3,225
Housing Index
148.6
Price-to-Rent Ratio
18.2×

Pueblo, CO

Median Home Price
$281,000
Median Monthly Rent
$1,250
Housing Index
71.3
Price-to-Rent Ratio
18.7×

Newark has 52.0% lower housing costs compared to Pueblo.

Income & Job Market

Newark, NJ

Median Household Income
$95,200
Per Capita Income
$54,300
Unemployment Rate
5.2%
Population
311,549
Top Industries
HealthcareManufacturingLogisticsGovernmentFinance

Pueblo, CO

Median Household Income
$65,200
Per Capita Income
$37,200
Unemployment Rate
3.5%
Population
111,876
Top Industries
HealthcareManufacturingGovernmentRetailAgriculture

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Newark, NJ
2.5×income-to-rent ratio

59% of income left after rent (median)

Pueblo, CO
4.3×income-to-rent ratio

77% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.