What is the cost of living in Newark, NY?
According to the most recent data on the cost of living, Newark has an overall cost of living index of 96, which is 1.0x lower than the national index of 100.
Compared to New York, Newark has a cost of living index that's 0.8x lower than New York's index of 121.
The standard of living in Newark ranks as #30 most affordable out of the 336 places we measured in New York. By definition, that implies Newark ranks as the #306 most expensive place in the Empire State.
For more reading on life in Newark, check out:
Newark Cost Of Living Vs. New York
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 107.
The Groceries index in Newark is 107.
The Health index in Newark is 61.
The Housing index in Newark is 113.
The Transportation index in Newark is 111.
The Utilities index in Newark is 107.
| Living Expense | Newark | New York | National Average |
|---|---|---|---|
| Overall | 96 | 121 | 100 |
| Services | 107 | 105 | 100 |
| Groceries | 107 | 108 | 100 |
| Health | 61 | 143 | 100 |
| Housing | 113 | 112 | 100 |
| Transportation | 111 | 114 | 100 |
| Utilities | 107 | 111 | 100 |
Newark Cost Of Living Compared To New York Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around New York, check out:
Protect your home budget Compare home warranties in Newark Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Newark, NY Housing Cost Breakdown
Housing swings affordability the most between places in New York, 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 $196,938.
The Median Rent in Newark is $979.
The Median Income in Newark is $60,006.
The Home Value To Income in Newark is 3.3x.
The Rent To Monthly Income in Newark is 0.2x.
Newark, NY Costs By Category
Detailed Newark Services costs vs. New York
Detailed Newark Groceries costs vs. New York
Detailed Newark Health costs vs. New York
Detailed Newark Transportation costs vs. New York
Newark SnackAbility
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:
Geneva, NY has a cost of living index of 98, 1.0x Newark.
Canandaigua, NY has a cost of living index of 102, 1.1x Newark.
Seneca Falls, NY has a cost of living index of 96, 1.0x Newark.
| City | Population | Cost Of Living | Vs. Newark |
|---|---|---|---|
| Geneva, NY | 12,512 | 98 | 1.0x |
| Canandaigua, NY | 10,514 | 102 | 1.1x |
| Seneca Falls, NY | 6,956 | 96 | 1.0x |
| Fairport, NY | 5,403 | 111 | 1.2x |
