Cost of Living in Newark, DE
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
132.1
100 = national avg
+32.1 vs national average
Living Wage (1 Adult)
$58,138
per year
Living Wage (Family of 4)
$137,418
per year
Cost Index by Category
Housing175.9
Food104.6
Transportation109.1
Healthcare103.6
Utilities117.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,520
per month
2 Bedroom
$1,810
per month
The overall cost of living index in Newark is 132.1, which is 32.1% above the national average. Housing costs are above the national average at an index of 175.9. A single adult needs to earn approximately $58,138 per year to cover basic expenses.