Cost of Living in Newark, AR

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

63.1

100 = national avg

-36.9 vs national average

Living Wage (1 Adult)

$27,754

per year

Living Wage (Family of 4)

$65,600

per year

Cost Index by Category

Housing
56.6
Food
76.6
Transportation
53.2
Healthcare
81.3
Utilities
77.3

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$688

per month

2 Bedroom

$891

per month

The overall cost of living index in Newark is 63.1, which is 36.9% below the national average. Housing costs are below the national average at an index of 56.6. A single adult needs to earn approximately $27,754 per year to cover basic expenses.