Newark, DE Cost Of Living

The latest cost of living statistics for Newark. Includes statistics on rent, mortgages, healthcare, and other costs for Newark compared to the state and national averages.

Cost of living in Newark, Delaware

Cost of living in Newark research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Newark is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Delaware, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

114 Cost of living index 1.1x higher vs US
#15 Cheapest in Delaware (of 19)
#3,904 Cheapest in the U.S. (of 6,489)
$364,095 Median home value
$1,654 Median rent
$76,912 Median income
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What is the cost of living in Newark, DE?

According to the most recent data on the cost of living, Newark has an overall cost of living index of 114, which is 1.1x higher than the national index of 100.

Compared to Delaware, Newark has a cost of living index that's 1.1x higher than Delaware's index of 105.

The standard of living in Newark ranks as #15 most affordable out of the 19 places we measured in Delaware. By definition, that implies Newark ranks as the #4 most expensive place in the First State.

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Newark Cost Of Living Vs. Delaware

Six factors go into calculating the cost of living index in Newark. Here is how it fares on each of the criteria:

  • The Services index in Newark is 98.

  • The Groceries index in Newark is 103.

  • The Health index in Newark is 148.

  • The Housing index in Newark is 102.

  • The Transportation index in Newark is 102.

  • The Utilities index in Newark is 100.

Living Expense Newark Delaware National Average
Overall 114 105 100
Services 98 99 100
Groceries 103 102 100
Health 148 121 100
Housing 102 99 100
Transportation 102 102 100
Utilities 100 103 100

Newark Cost Of Living Compared To Delaware Averages

Services
Newark 98
Delaware avg 99
Groceries
Newark 103
Delaware avg 102
Health
Newark 148
Delaware avg 121
Housing
Newark 102
Delaware avg 99
Transportation
Newark 102
Delaware avg 102
Utilities
Newark 100
Delaware avg 103

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Delaware, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Newark, DE Housing Cost Breakdown

$364,095Median Home Value
$1,654Median Rent
$76,912Median Income

Housing swings affordability the most between places in Delaware, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:

  • The Median Home Value in Newark is $364,095.

  • The Median Rent in Newark is $1,654.

  • The Median Income in Newark is $76,912.

  • The Home Value To Income in Newark is 4.7x.

  • The Rent To Monthly Income in Newark is 0.26x.

Statistic Newark Delaware United States
Median Home Value $364,095 $402,891 $332,700
Median Rent $1,654 $1,401 $1,413
Median Income $76,912 $84,954 $80,734
Home Value To Income 4.7x 4.7x 4.1x
Rent To Monthly Income 0.26x 0.2x 0.21x

Newark, DE Costs By Category

Detailed Newark Services costs vs. Delaware
Item Newark Delaware
Shampoo $1.41 $1.28
Movie $12.71 $12.13
Bowling $19.5 $18
Haircut $30.14 $24.26
Beauty Salon $47.42 $45.56
Detailed Newark Groceries costs vs. Delaware
Item Newark Delaware
Ground Beef $5.73 $5.84
Fried Chicken $1.52 $1.57
Milk $4.81 $4.67
Potatoes $5.4 $4.93
Pizza $11.33 $12.09
Beer $11.96 $10.41
Toothpaste $3.61 $3.7
Detailed Newark Health costs vs. Delaware
Item Newark Delaware
Optometrist $113.67 $125.68
Doctor $149.53 $135.78
Dentist $132.28 $113.29
Detailed Newark Transportation costs vs. Delaware
Item Newark Delaware
Gasoline $3.5 $3.46
Tire Balancing $74.86 $59.92
Detailed Newark Utilities costs vs. Delaware
Item Newark Delaware
All Electricity $173.73 $193.99
Phone $182.79 $192.25

Newark SnackAbility

7.5Overall SnackAbility
Jobs 6/10
Housing 8.5/10
Affordability 4/10
Diversity 8.5/10
Safety 6/10
Amenities 9/10
Education 9.5/10
Commute 8.5/10

Cost Of Living In Cities Around Newark

The cost of living varies in the cities and towns around Newark. Here's a quick look at the cost of living in the most populous nearby places:

  • Bear, DE has a cost of living index of 110, 1.0x Newark.

  • Elkton, MD has a cost of living index of 103, 0.9x Newark.

  • Glasgow, DE has a cost of living index of 116, 1.0x Newark.

City Population Cost Of Living Vs. Newark
Bear, DE 22,370 110 1.0x
Elkton, MD 15,910 103 0.9x
Glasgow, DE 15,546 116 1.0x
Brookside, DE 15,115 106 0.9x
Hockessin, DE 13,439 143 1.3x
Pike Creek Valley, DE 12,431 110 1.0x
Pennsville, NJ 12,233 95 0.8x
Wilmington Manor, DE 8,214 101 0.9x
Carneys Point, NJ 8,050 97 0.9x
North Star, DE 7,834 136 1.2x