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Newark, NY vs Tuxedo, NY

75
Newark
New York
VS
-44.1%
135
Tuxedo
New York

The cost of living difference between Newark, NY and Tuxedo, NY is dramatic. Newark is 44.1% cheaper than Tuxedo, a gap that translates to thousands of dollars per year in household expenses. Newark has a cost index of 75 while Tuxedo sits at 135, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Newark is $1,012/month compared to $1,688/month in Tuxedo — a 40% difference. Home values follow the same pattern: Newark is more affordable at $122,600 median vs $575,300.

Median household income in Newark is $58,096 compared to $118,317 in Tuxedo (-50.9%). While Tuxedo is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Newark spend roughly 20.9% of their income on rent, more than the 17.1% in Tuxedo.

Income & Cost

Cost of Living Index
Newark
75
44% cheaper
Tuxedo
135
Median Household Income
Newark
$58,096
Tuxedo
$118,317
51% higher

Housing

Median Rent
Newark
$1,012
40% cheaper
Tuxedo
$1,688
Median Home Value
Newark
$122,600
79% cheaper
Tuxedo
$575,300
Population
Newark
9,040
Tuxedo
3,083

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Newark $2.98
Tuxedo
US $3.07
🥚
Eggs (grade A, large)
Newark $2.43
Tuxedo
US $2.50
🥛
Milk (whole)
Newark $3.92
Tuxedo
US $4.03
🍞
Bread (white)
Newark $1.80
Tuxedo
US $1.85
🍗
Chicken breast
Newark $4.03
Tuxedo
US $4.14
Electricity
Newark $0.25
Tuxedo
US $0.19