How Much Does MBA Degree Cost in Newark, NJ?

Newark pricing is 20% above the national average. Updated for 2026.

Based on local labor rates, varied climate conditions, and Newark's diversified economy.See our methodology

Low End
$24,000
Average
$78,000
High End
$180,000
total program
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MBA Degree Pricing in Newark, NJ

Newark is a high-cost market where mba degree runs about 20% above the national average. The city's diversified economy supports higher wages, which translates to elevated contractor rates. With a population of 310K, competition among providers exists but demand keeps prices firm.

Local climate plays a direct role in mba degree costs here. Cold winters and mild summers create seasonal pricing patterns for outdoor work.

Market-specific factors matter in Newark: established contractor market with competitive pricing.

Newark has moderate permitting requirements. Depending on the scope of your mba degree project, you may need local permits. A licensed contractor will handle the permitting process as part of the job in most cases.

Newark vs National Average

Newark Average
$78,000
National Average
$65,000
Difference
+20%
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What Affects MBA Degree Cost in Newark?

Program Type

Online: $20K-$60K. State school: $30K-$80K. Top 25: $100K-$200K total

Top Schools

Harvard/Stanford/Wharton: $150K-$200K tuition alone. Average starting salary post-MBA: $150K-$175K

Newark Market Conditions

established contractor market with competitive pricing

Local Climate Impact

cold winters and mild summers create seasonal pricing patterns for outdoor work

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Top-Rated MBA Degree Pros in Newark, NJ

3 providers

Academic Edge Learning Center

โœ… VERIFIED
โ˜…โ˜…โ˜…โ˜…โ˜…4.6(142 reviews)
๐Ÿ“ 254 Elm St, Newark, NJ๐Ÿ—๏ธ Since 2013
โœ“ LicensedBBB: A+โšก Usually responds in 4 hours

Scholar Institute

โœ… VERIFIED
โ˜…โ˜…โ˜…โ˜…โ˜…4.2(65 reviews)
๐Ÿ“ 216 Market St, Newark, NJ๐Ÿ—๏ธ Since 2019
โœ“ Insuredโšก Usually responds in 1 hours

Elevate Academy

โ˜…โ˜…โ˜…โ˜…โ˜…3.5(72 reviews)
๐Ÿ“ 716 Business Park Dr, Newark, NJ๐Ÿ—๏ธ Since 2010
โœ“ Licensedโœ“ InsuredBBB: A+

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Tips to Save on MBA Degree in Newark

  • 1.Employer tuition reimbursement covers $5,000-$20,000+ per year at many companies
  • 2.Online MBA programs from accredited schools cost 50-70% less
  • 3.Consider ROI carefully โ€” a top-20 MBA has different returns than a lower-ranked program
  • 4.Apply for assistantships and merit scholarships
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๐Ÿ“ˆ MBA Degree in Newark Cost Trends (2020โ€“2024)

Prices have increased +17.7% over the last 5 years

$66,252
2020
$69,035
2021
$73,522
2022
$75,581
2023
$78,000
2024
YearNational AvgYoY Change
2020$66,252โ€”
2021$69,035+4.2%
2022$73,522+6.5%
2023$75,581+2.8%
2024$78,000+3.2%

Based on national averages adjusted for annual inflation. Actual costs vary by location and project scope.

๐Ÿ’ฌ What Did You Pay?

Real costs reported by homeowners for MBA Degree in Newark

$81,382
Avg Reported
$56,967
Lowest Reported
$118,004
Highest Reported

Recent Reports

$78,574
Dallas, TX ยท Jan 2024
โ˜…โ˜…โ˜…โ˜†โ˜†
$88,641
Chicago, IL ยท Feb 2024
โ˜…โ˜…โ˜…โ˜…โ˜…
$82,815
Phoenix, AZ ยท Mar 2024
โ˜…โ˜…โ˜…โ˜…โ˜†
$91,326
Denver, CO ยท Apr 2024
โ˜…โ˜…โ˜…โ˜…โ˜†
$61,755
Atlanta, GA ยท May 2024
โ˜…โ˜…โ˜…โ˜…โ˜…
$93,651
Seattle, WA ยท Jun 2024
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Frequently Asked Questions

Is an MBA worth the cost?

Top-20 MBA programs show strong ROI with average starting salaries of $150K+. For lower-ranked programs, the ROI depends heavily on your career goals and how much you pay.

Why does mba degree cost different in Newark than other cities?

Newark's costs reflect local labor rates driven by the diversified economy, varied climate conditions that affect materials and scheduling, and moderate permitting requirements. The balanced labor market also influences competitive pricing.

MBA Degree Cost in Nearby Cities

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