Zip 94560 (Newark, CA) Cost of Living


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How much do I need to live in Newark, California?
$17,520 / month
for a family, 224.4% more expensive than the national average A total of $210,240 for the year for a family.
$7,533 / month
for a single person, 58.0% more expensive than the national average A total of $90,400 for the year for a single person.

Newark cost of living score
195.5
More expensive
95.5% higher
than the US average
30.4% higher
than the California average
Newark (zip 94560), California gets a BestPlaces Cost of Living score of 195.5, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 95.5% higher than the U.S. average and 30.4% lower than the average for California.

Zip 94560 (Newark, CA)

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.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesNewarkCaliforniaUnited States
    Unlock149.9100.0
  112.4  Unlock100.0
    Unlock98.3100.0
  389.2  Unlock100.0
    Unlock$733,500$338,100
  95.0  Unlock100.0
    Unlock133.1100.0
  159.3  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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