Cost of Living in Newark, TX
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
94.2
100 = national avg
-5.8 vs national average
Living Wage (1 Adult)
$41,465
per year
Living Wage (Family of 4)
$98,007
per year
Cost Index by Category
Housing99.9
Food93.6
Transportation87.1
Healthcare94.9
Utilities96.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$918
per month
2 Bedroom
$1,205
per month
The overall cost of living index in Newark is 94.2, which is 5.8% below the national average. Housing costs are below the national average at an index of 99.9. A single adult needs to earn approximately $41,465 per year to cover basic expenses.