Data last updated: August 2026

Newark, NJOttawa, Canada

You would need around 36.1% less money in Ottawa, Canada to maintain the same standard of living you have in Newark, NJ.

Overall Cost of Living

36.1%

Ottawa, Canada is cheaper than Newark, NJ

1-Bed Rent (City Center)

City A2,332 USD
City B1,480 USD
Difference-36.5%

Groceries (Monthly)

City A322 USD
City B202 USD
Difference-37.3%

Average Net Salary

City A3,557 USD
City B3,628 USD
Difference+2.0%

Editorial Insight: Planning a move from Newark, NJ to Ottawa, Canada? Based on our verified data model, you are looking at a fantastic geo-arbitrage opportunity. Overall, the cost of living in Ottawa, Canada is 36.1% cheaper. Housing is typically the biggest financial win—renting a 1-bedroom apartment in Ottawa, Canada's center costs around 1,480 USD, which is a staggering 36.5% less than in Newark, NJ. If you are retaining a remote income, the Remote Wealth team ranks this as a highly strategic move for wealth accumulation.

Pro Tip:Since you'll be managing money across borders and currencies, we highly recommend setting up a borderless account like Wise (formerly TransferWise) before you move to avoid heavy bank exchange fees.Check out Wise

Reviewed by the Remote Wealth Editorial Team

Our cost of living data for Newark, NJ and Ottawa, Canada is compiled using our rigorous verification methodology. We combine millions of data points from reliable sources to ensure you get the most accurate financial comparison for your relocation.

Read more about our team →

Salary Comparator

Find out exactly how much you need to earn in Ottawa, Canada to maintain your current lifestyle in Newark, NJ.

USD

You need in Ottawa, Canada

2,275 USD

Geo-Arbitrage FIRE

Discover how moving to a cheaper city accelerates your Financial Independence and Retire Early (FIRE) timeline.

By moving from Newark, NJ to Ottawa, Canada and investing the 36% cost of living difference, you could reach FIRE 5.4 years earlier.

Budget Simulator

Instantly adapt your Newark, NJ budget to local Ottawa, Canada prices. We automatically adjust housing, groceries, and leisure categories.

Housing1480 USD
Groceries202 USD
Utilities & Internet186 USD

Investment Planner

You save 852 USD every month on rent alone by moving to Ottawa, Canada.

Investing this rent difference in an S&P 500 index fund could grow to ~143,136 USD in 10 years.