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Nursing Degree in Newark, NJ — Salary & ROI 2026

Nursing degree analysis for Newark, NJ. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.

Starting Salary

$92K

COL-adjusted

Mid-Career

$111K

COL-adjusted

ROI Payback

2.8 yrs

in Newark

Cost of Living

135

index (100 = avg)

Nursing in Newark, NJ Overview

Newark, New Jersey (pop. 311,549) has 14 colleges offering Nursing programs. The local cost of living index of 135 is higher than average, so budget accordingly, with average rent near campus at $1,595/month. Nursing has seen growing enrollment nationally, reflecting rising employer demand for Patient Care and Clinical Assessment skills. The adjusted starting salary in Newark is approximately $91,800.

Category

Healthcare

Local Colleges

14

Public Tuition

$16,507/yr

Private Tuition

$47,742/yr

Room & Board

$15,130/yr

Avg Fin. Aid

$8,623/yr

Unemployment

3.6%

Graduation Rate

74%

Nursing Salary in Newark (COL-Adjusted)

Salaries adjusted for Newark's cost of living index of 135 (national average = 100).

Entry Level (0-2 yrs)
$91,800(+$23,800 vs national)
Mid Career (5-9 yrs)
$110,700(+$28,700 vs national)
Senior Level (15+ yrs)
$128,250(+$33,250 vs national)

Note: National average Nursing salary: $68,000 starting, $82,000 mid-career, $95,000 senior level.Newark adjustment factor: 1.35x based on the local cost of living index.

Nursing ROI Calculator for Newark

Estimate your return on investment for a Nursing degree using local Newark tuition and cost of living data.

Public avg: $16,507 | Private avg: $47,742

Newark avg aid: $8,623/yr

Federal avg: 6.5% | Private: 4-14%

Total Education Cost

$126,548

tuition + room & board - aid

Annual Earnings Premium

$44,550

vs HS diploma in Newark

ROI Payback Period

2.8 years

to break even

Lifetime Return in Newark

$818,452

Lifetime earnings premium ($945,000) minus total education cost ($126,548)

Student Loan Payoff for Nursing in Newark

Standard Plan (10 years)

Loan Amount$126,548
Monthly Payment$1,437
Total Interest$45,883
% of Monthly Income19%

Aggressive Plan (5 years)

Loan Amount$126,548
Monthly Payment$2,476
Total Interest$22,015
Interest Savings$23,868

Colleges in Newark for Nursing

Rutgers University-Newark

public

$14,974/yr

$59,896 total

New Jersey Institute of Technology

public

$18,040/yr

$72,160 total

Community Colleges (2-Year Transfer)

Essex County College

$5,040/yr

Top Employers for Nursing in Newark

Newark offers opportunities in Hospitals, Medical centers, Private practices for Nursing graduates. National top employers in this field include:

HCA HealthcareKaiser PermanenteMayo ClinicCleveland ClinicVA Hospitals

Key Newark Hiring Sectors for Healthcare

Hospitals

Medical centers

Private practices

Health systems

Pharma companies

Common Nursing Job Titles

Registered NurseNurse PractitionerClinical Nurse Specialist

Nursing Degree in Newark — FAQ

Data Sources: Salary data from BLS Occupational Outlook Handbook. Cost of living from BLS Regional Data. College data from NCES/IPEDS. Updated March 2026.

Explore More

Compare Nursing ROI in other cities, or explore other majors in Newark.

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