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Cost of Living in Newark, IL

Population: 1,152 | Illinois

86
Cost of Living Index
US Average = 100

Newark is 14% less expensive than the national average.

77
Housing
77
Home Values
102
Regional Price

Income

Median Household Income
$129,688
vs US Median ($75,149)
+73%

Housing

Median Rent
$1,018/mo
Median Home Value
$234,800
Median Monthly Housing Cost
$1,230/mo

Everyday Prices in Newark

BLS Average Prices for the Chicago-Naperville-Elgin, IL-IN (Metropolitan Statistical Area) area

$3.20
Gasoline (regular)
per gallon
+4% vs US
🥚
$2.61
Eggs (grade A, large)
per dozen
+4% vs US
🥛
$4.20
Milk (whole)
per gallon
+4% vs US
🍞
$1.93
Bread (white)
per lb
+4% vs US
🍗
$4.32
Chicken breast
per lb
+4% vs US
$0.15
Electricity
per kWh
-23% vs US

Climate in Newark

NOAA 30-year normals (1991-2020)

49.4°F
Avg Temperature
33.8"
Rainfall / Year
126d
Rainy Days / Year
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
High °F 31 35 48 60 72 81 84 82 76 63 48 36
Avg °F 23 27 38 49 60 70 73 71 64 52 39 28
Low °F 15 18 28 37 49 59 62 60 52 41 29 21
Rain" 1.3 1.4 2.2 3.6 4.1 4.0 3.7 3.4 3.0 3.2 2.3 1.7

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