Newark, CA, has a higher cost of living compared to the nationwide average. The cost of living index in Newark stands at 138, which is 38% higher than the national average of 100. Housing costs in Newark are particularly elevated, with a cost of living index of 181. This means housing expenses are 81% higher than the national average.
Newark, CA, has a higher cost of living compared to the nationwide average, which is set at 100. Housing costs in Newark are notably higher, with an index of 181. This means housing expenses are 81% more than the national average. For job seekers considering Newark, this significant increase in housing costs is a crucial factor to weigh in their decision-making process.
Other expenses in Newark also exceed the national average. Groceries, for instance, have an index of 119, indicating they are 19% more expensive than average. Utilities, while slightly above average at 108, show an 8% increase. Transportation costs are 29% higher, with an index of 129. Healthcare costs are relatively closer to the average, with an index of 103, showing a modest 3% increase. Miscellaneous costs, with an index of 114, are 14% higher than the national average. These figures collectively highlight Newark’s elevated cost of living, which potential residents should consider when planning their move.
