
Housing costs in Newark?
A typical home costs
$1,097,400, which is 224.6% more expensive than the national average of
$338,100 and 49.6% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Newark costs
$2,760 per month, which is 28.4% more than the national average of
$2,150 and close to the state average of
$2,720.
Can I afford Newark?
To live comfortably in Newark (zip 94560), California, a minimum annual income of
$210,240 for a family, and
$90,400 for a single person is recommended.
What does A.I. say about Newark?
Newark, CA is an expensive place to live. According to the content above, the median value of a house in Newark, CA is $1.0974e+006, which is much higher than the US average house value of $338,100. Similarly, the cost of living in Newark is 198.3, compared to the US average of 100. This means that living costs in Newark are almost double what they are on average across the country. Therefore it would be wise to consider carefully any move to Newark and be aware that life there can be more expensive than elsewhere in America.