Cost of Living in Newark, CA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
262.8
100 = national avg
+162.8 vs national average
Living Wage (1 Adult)
$115,618
per year
Living Wage (Family of 4)
$273,279
per year
Cost Index by Category
Housing393.4
Food176.0
Transportation165.2
Healthcare160.8
Utilities200.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$2,385
per month
2 Bedroom
$2,912
per month
The overall cost of living index in Newark is 262.8, which is 162.8% above the national average. Housing costs are above the national average at an index of 393.4. A single adult needs to earn approximately $115,618 per year to cover basic expenses.