Newark, NJVenice, Italy
You would need around 34.4% less money in Venice, Italy to maintain the same standard of living you have in Newark, NJ.
Overall Cost of Living
Venice, Italy is cheaper than Newark, NJ
1-Bed Rent (City Center)
Groceries (Monthly)
Average Net Salary
Editorial Insight: Planning a move from Newark, NJ to Venice, Italy? Based on our verified data model, you are looking at a fantastic geo-arbitrage opportunity. Overall, the cost of living in Venice, Italy is 34.4% cheaper. Housing is typically the biggest financial win—renting a 1-bedroom apartment in Venice, Italy's center costs around 1,304 USD, which is a staggering 44.1% 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.
Reviewed by the Remote Wealth Editorial Team
Our cost of living data for Newark, NJ and Venice, Italy 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 Venice, Italy to maintain your current lifestyle in Newark, NJ.
You need in Venice, Italy
2,334 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 Venice, Italy and investing the 34% cost of living difference, you could reach FIRE 5.2 years earlier.
Budget Simulator
Instantly adapt your Newark, NJ budget to local Venice, Italy prices. We automatically adjust housing, groceries, and leisure categories.
Investment Planner
You save 1028 USD every month on rent alone by moving to Venice, Italy.
Investing this rent difference in an S&P 500 index fund could grow to ~172,704 USD in 10 years.