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Newfield, NJ vs Salem, NJ

99
Newfield
New Jersey
VS
+38.3%
72
Salem
New Jersey

The cost of living difference between Newfield, NJ and Salem, NJ is dramatic. Salem is 38.3% cheaper than Newfield, a gap that translates to thousands of dollars per year in household expenses. Newfield has a cost index of 99 while Salem sits at 72, 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 Newfield is $1,438/month compared to $992/month in Salem — a 45% difference. Home values follow the same pattern: Salem is more affordable at $69,300 median vs $238,600.

Median household income in Newfield is $105,000 compared to $40,650 in Salem (+158.3%). While Newfield is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Newfield spend roughly 16.4% of their income on rent, less than the 29.3% in Salem.

Income & Cost

Cost of Living Index
Newfield
99
Salem
72
28% cheaper
Median Household Income
Newfield
$105,000
61% higher
Salem
$40,650

Housing

Median Rent
Newfield
$1,438
Salem
$992
31% cheaper
Median Home Value
Newfield
$238,600
Salem
$69,300
71% cheaper
Population
Newfield
1,811
Salem
5,315

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Newfield $3.01
Salem $3.01
US $3.07
🥚
Eggs (grade A, large)
Newfield $2.46
Salem $2.46
US $2.50
🥛
Milk (whole)
Newfield $3.95
Salem $3.95
US $4.03
🍞
Bread (white)
Newfield $1.82
Salem $1.82
US $1.85
🍗
Chicken breast
Newfield $4.07
Salem $4.07
US $4.14
Electricity
Newfield $0.23
Salem $0.23
US $0.19