Cost of Living in Newark, OH
Population 50,393 · Ohio · Data vintage 2023
(100 = US avg)
Most of Newark's cost indicators track within a reasonable band of national figures, with median household incomes near $58,920 — a more representative starting point for relocation math than the headline-expensive or headline-cheap cities on either tail.
Located 30 miles east of Columbus, Newark falls within that metro's commuting orbit. Median home values run roughly 26% lower than Columbus' $235,000.
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 $174,100 — 43% below the national median of $305,000. Median rent runs $926/month, 30% lower than the national median of $1,314/month. The median household income of $58,920/year is 21% lower than the US median of $74,580. The local unemployment rate is 3.5%, below the national average of 4.8%. Ohio's top state income tax rate is 3.8% and the combined sales tax is 7.2%. The climate averages highs of 64.1°F and lows of 42.3°F. Overall, Newark has a cost of living index of 62 versus the US average of 100, meaning it is 38% less 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 | 39 | 42 | 52 | 65 | 75 | 83 | 86 | 84 | 79 | 67 | 54 | 43 |
| Low °F | 21 | 23 | 31 | 41 | 51 | 60 | 63 | 61 | 53 | 42 | 33 | 27 |
| Precip" | 2.67 | 2.24 | 3.40 | 3.82 | 4.08 | 4.06 | 3.98 | 3.39 | 2.83 | 2.77 | 2.69 | 2.84 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Newark, OH?
Newark has a cost index of 62 (100 = national average). It is 38% below the national average.
What is average rent in Newark, OH?
The median gross rent in Newark is $926 per month based on 2023 Census data.
What is the average home price in Newark?
The median home value in Newark is $174,100 according to Zillow and Census data.
What is the median income in Newark?
The median household income in Newark is $58,920 per year (2023 ACS 5-year estimates).
What is the sales tax in Newark, OH?
The combined state and local sales tax rate in Newark is 7.2%. The Ohio state income tax top rate is 3.8%.
Is Newark, OH affordable?
Yes, Newark is generally considered affordable, with a cost of living index of 62 — about 38% below the US national average of 100.
What is the weather like in Newark?
Newark has average high temperatures of 64.1°F and average lows of 42.3°F. Annual precipitation is 38.8". Data from NOAA 1991–2020 Climate Normals.
Newark at a Glance
- Population
- 50,393
- Median Income
- $58,920
- Home Value
- $174,100
- Median Rent
- $926/mo
- Unemployment
- 3.5%
- Avg High Temp
- 64.1°F
- Sales Tax
- 7.2%
Nearby Cities
Explore county-level cost of living data
Ohio Rankings
Similar Cost Cities
Cities in other states with comparable housing costs