Housing costs in Newark?
A typical home costs
$1,067,400, which is 215.7% more expensive than the national average of
$338,100 and 45.5% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Newark costs
$2,660 per month, which is 86.0% more than the national average of
$1,430 and 19.2% more than the state average of
$2,150.
Can I afford Newark?
To live comfortably in Newark, California, a minimum annual income of
$204,480 for a family, and
$87,200 for a single person is recommended.
What does A.I. say about Newark?
Newark, CA has an overall below average cost of living with taxes particularly lower than most other towns and cities in California while utility costs remain consistently affordable making it a great destination for those who want to stay within a budget but still enjoy the quality of life amenities located nearby.