Cost of Living in Newark, NY

Population 9,040 · New York · Data vintage 2023

Cost Index
(100 = US avg)

Page updated: April 2026 · Data vintage: 2023 ACS 5-Year

Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Newark is a smaller New York community of around 9000 residents, where median household incomes of $58,096 and housing costs ($123,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.

Located 30 miles east of Rochester, Newark falls within that metro's commuting orbit. Housing prices track closely with Rochester's $121,000 median.

Cost Overview

Housing 40

Rent 77

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Newark

The median home value in Newark is $122,600 — 60% below the national median of $305,000. Median rent runs $1,012/month, 23% lower than the national median of $1,314/month. The median household income of $58,096/year is 22% lower than the US median of $74,580. The local unemployment rate is 3.9%, below the national average of 4.8%. New York's top state income tax rate is 10.9% and the combined sales tax is 8.5%. The climate averages highs of 57.8°F and lows of 39.6°F. Overall, Newark has a cost of living index of 55 versus the US average of 100, meaning it is 45% less expensive.

📍

Newark has limited residential data

Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:

Geneva, NY

Median home: $140,300

Rent: $959/mo

Income: $68,242

Canandaigua, NY

Median home: $218,300

Rent: $1,093/mo

Income: $63,268

Brighton, NY

Median home: $259,300

Rent: $1,272/mo

Income: $83,723

Irondequoit, NY

Median home: $169,000

Rent: $1,110/mo

Income: $76,871

Auburn, NY

Median home: $143,600

Rent: $867/mo

Income: $49,377

🏠 Housing

Median Home Value

$122,600

60% below avg

Zillow Home Value

$192,675

Zillow ZHVI

Median Rent

$1,012/mo

23% below avg

Price-to-Rent Ratio

10.1x

Favors buying

Property Tax Rate

1.7%

Effective rate

HUD Fair Market Rents by Bedroom

Studio

$965

1 BR

$1,051

2 BR

$1,302

3 BR

$1,619

4 BR

$1,813

Owner-occupied 57.0%

Renter-occupied 43.0%

💰 Estimated Monthly Budget

Rent median rent

$1,012

Groceries national estimate

$400

Utilities local estimate

$88

Transportation local gas prices

$126

Estimated Total $1,626/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚

Eggs (dozen)

$0.548

🍞

White Bread (lb)

$1.912

🥩

Ground Beef (lb)

$5.61

🚗 Transportation

Avg Commute

20.2 min

25% below avg

Gas Price

$3.145/gal

0% below avg

Work From Home

5.5%

Commute Mode

Drove alone

73.3%

Carpooled

14.7%

Public transit

0.2%

Walked

3.4%

Work from home

5.5%

⚡ Utilities

Electricity

$0.176/kWh

0% below avg

📋 Taxes

State Income Tax 10.9%

Total Sales Tax 8.5%

State rate 4.0%

Avg local rate 4.5%

Property Tax 1.7%

💼 Income & Employment

Median Household Income

$58,096

22% below avg

Per Capita Income

$29,037

Unemployment Rate

3.9%

19% below avg

Poverty Rate

17.1%

Labor Force Participation

55.9%

🎓 Education

Bachelor's degree+ 11.1%

Graduate degree 7.2%

👥 Demographics

Median Age 41

Male median age 38.1

Female median age 43.1

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High

57.8°F

Avg Low

39.6°F

Annual Precip

30.2"

Month	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
High °F	33	35	43	56	69	77	81	80	73	61	48	38
Low °F	18	19	25	36	47	57	62	60	53	43	33	25
Precip"	1.49	1.26	2.06	2.81	2.88	2.77	3.39	2.84	3.89	2.88	2.14	1.83

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 33 — Good

94.3%

Good air days/yr

112

Max AQI recorded

PM2.5 days

348

Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

87%

4-Year Graduation Rate

9.8:1

Student-teacher ratio

Public schools

2,165

Total enrollment

Frequently Asked Questions

What is the cost of living in Newark, NY?

Newark has a cost index of 55 (100 = national average). It is 45% below the national average.

What is average rent in Newark, NY?

The median gross rent in Newark is $1,012 per month based on 2023 Census data.

What is the average home price in Newark?

The median home value in Newark is $122,600 according to Zillow and Census data.

What is the median income in Newark?

The median household income in Newark is $58,096 per year (2023 ACS 5-year estimates).

What is the sales tax in Newark, NY?

The combined state and local sales tax rate in Newark is 8.5%. The New York state income tax top rate is 10.9%.

Is Newark, NY affordable?

Yes, Newark is generally considered affordable, with a cost of living index of 55 — about 45% below the US national average of 100.

What is the weather like in Newark?

Newark has average high temperatures of 57.8°F and average lows of 39.6°F. Annual precipitation is 30.2". Data from NOAA 1991–2020 Climate Normals.

Newark at a Glance

Population: 9,040
Median Income: $58,096
Home Value: $122,600
Median Rent: $1,012/mo
Unemployment: 3.9%
Avg High Temp: 57.8°F
Sales Tax: 8.5%

View all cities in New York →

Nearby Cities

🗺️ County data for New York

Explore county-level cost of living data

New York Rankings

Similar Cost Cities

Cities in other states with comparable housing costs