Newark, NE Economy

Newark, NE is a great place to live with a lower than average cost of living compared to the nation as a whole. The median 2 Bedroom rent in Newark is $920 per month, which is nearly $500 cheaper than the national average of $1,430. Additionally, the Grocery Cost Index in Newark is 98 compared to 100 nationally; meaning food costs are cheaper in Newark than elsewhere. Local companies in Newark include AlloSource, C&A Industries, and Crown Apparel. These companies offer residents of Newark many job opportunities and contribute to its vibrant economy. The overall cost of living index for Newark is around 90 compared to 100 for the US as a whole; making it an attractive place for families looking for affordability when it comes to housing costs and other necessities.