Cost of Living in Newark, CA
Population 47,145 · California · Data vintage 2023
(100 = US avg)
Housing in Newark sits 259% above the national median — $1.1 million for the typical home — but median household incomes near $164,909 (121% above the US figure) soften the blow that similar pricing creates in lower-wage metros.
Located 5 miles west of Fremont, Newark falls within that metro's commuting orbit. Median home values run roughly 15% lower than Fremont's $1.3 million.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Newark
The median home value in Newark is $1,094,200 — 259% above the national median of $305,000. Median rent runs $2,730/month, 108% higher than the national median of $1,314/month. The median household income of $164,909/year is 121% higher than the US median of $74,580. The local unemployment rate is 4.8%, below the national average of 4.8%. California's top state income tax rate is 13.3% and the combined sales tax is 8.7%. The climate averages highs of 69.3°F and lows of 50.6°F. Overall, Newark has a cost of living index of 298 versus the US average of 100, meaning it is 198% more expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 59 | 62 | 65 | 68 | 72 | 76 | 77 | 77 | 78 | 74 | 66 | 59 |
| Low °F | 42 | 45 | 47 | 49 | 53 | 56 | 59 | 59 | 57 | 53 | 46 | 42 |
| Precip" | 2.49 | 2.90 | 2.04 | 0.98 | 0.43 | 0.10 | 0.00 | 0.01 | 0.07 | 0.56 | 1.36 | 2.51 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Newark, CA?
Newark has a cost index of 298 (100 = national average). It is 198% above the national average.
What is average rent in Newark, CA?
The median gross rent in Newark is $2,730 per month based on 2023 Census data.
What is the average home price in Newark?
The median home value in Newark is $1,094,200 according to Zillow and Census data.
What is the median income in Newark?
The median household income in Newark is $164,909 per year (2023 ACS 5-year estimates).
What is the sales tax in Newark, CA?
The combined state and local sales tax rate in Newark is 8.7%. The California state income tax top rate is 13.3%.
Is Newark, CA affordable?
Newark is above average in cost of living, with an index of 298 — about 198% higher than the national average.
What is the weather like in Newark?
Newark has average high temperatures of 69.3°F and average lows of 50.6°F. Annual precipitation is 13.4". Data from NOAA 1991–2020 Climate Normals.
Newark at a Glance
- Population
- 47,145
- Median Income
- $164,909
- Home Value
- $1,094,200
- Median Rent
- $2,730/mo
- Unemployment
- 4.8%
- Avg High Temp
- 69.3°F
- Sales Tax
- 8.7%
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Explore county-level cost of living data
California Rankings
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