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Newark, OH vs Oxford, OH

75
Newark
Ohio
VS
-8%
82
Oxford
Ohio

Newark is moderately more affordable than Oxford, with a 8% lower cost of living index. Newark scores 75 compared to 82 for Oxford, where the US average is 100. This difference means residents of Oxford can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Newark is $926/month compared to $989/month in Oxford — a 6% difference. Home values follow the same pattern: Newark is more affordable at $174,100 median vs $232,200.

Median household income in Newark is $58,920 compared to $42,147 in Oxford (+39.8%). Newark offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Newark spend roughly 18.9% of their income on rent, less than the 28.2% in Oxford.

Income & Cost

Cost of Living Index
Newark
75
8% cheaper
Oxford
82
Median Household Income
Newark
$58,920
28% higher
Oxford
$42,147

Housing

Median Rent
Newark
$926
6% cheaper
Oxford
$989
Median Home Value
Newark
$174,100
25% cheaper
Oxford
$232,200
Population
Newark
50,393
Oxford
22,069

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Newark $2.89
Oxford $2.89
US $3.07
🥚
Eggs (grade A, large)
Newark $2.35
Oxford $2.36
US $2.50
🥛
Milk (whole)
Newark $3.79
Oxford $3.80
US $4.03
🍞
Bread (white)
Newark $1.74
Oxford $1.75
US $1.85
🍗
Chicken breast
Newark $3.90
Oxford $3.91
US $4.14
Electricity
Newark $0.17
Oxford $0.17
US $0.19