Cost of Living in Newark, WV
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
72.2
100 = national avg
-27.8 vs national average
Living Wage (1 Adult)
$31,746
per year
Living Wage (Family of 4)
$75,037
per year
Cost Index by Category
Housing44.9
Food84.8
Transportation110.0
Healthcare87.9
Utilities79.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$745
per month
2 Bedroom
$928
per month
The overall cost of living index in Newark is 72.2, which is 27.8% below the national average. Housing costs are below the national average at an index of 44.9. A single adult needs to earn approximately $31,746 per year to cover basic expenses.