Monthly Budget in Newark for a Family of Four
What it costs two adults, two children to live in Newark, NJ in 2026.
$5,429
Total Monthly
$12,064
Salary Needed
120
Cost Index
Complete Monthly Budget
| Category | Expense | Monthly Cost |
|---|---|---|
| Essential | Rent (3BR apartment) | $2,160 |
| Essential | Groceries & household supplies | $131 |
| Essential | Utilities (electric, gas, water) | $38 |
| Essential | Transportation (gas, transit, maintenance) | $68 |
| Essential | Car insurance | $358 |
| Essential | Health insurance (family plan) | $126 |
| Lifestyle | Internet & streaming | $90 |
| Lifestyle | Phone plan (4 lines) | $238 |
| Lifestyle | Dining out & takeout | $420 |
| Lifestyle | Entertainment & recreation | $360 |
| Essential | Childcare (2 children) | $1,440 |
| Essentials Subtotal | $4,321 | |
| Lifestyle Subtotal | $1,108 | |
| Total Monthly Budget | $5,429 |
💡 Salary Needed: To live in Newark as two adults, two children with a 20% savings margin, you need approximately $12,064/year before taxes.Check affordability →