Cost of Living in Newark, OH
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
95.0
100 = national avg
-5.0 vs national average
Living Wage (1 Adult)
$41,805
per year
Living Wage (Family of 4)
$98,812
per year
Cost Index by Category
Housing97.0
Food95.0
Transportation93.6
Healthcare96.0
Utilities96.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,194
per month
2 Bedroom
$1,430
per month
The overall cost of living index in Newark is 95.0, which is 5.0% below the national average. Housing costs are below the national average at an index of 97.0. A single adult needs to earn approximately $41,805 per year to cover basic expenses.