๐Ÿ’ฐ COL Index: 104 โ€” Near Avg Cost

Salaries in Newark, DE

What every job actually pays โ€” cost-of-living adjusted

Updated: February 2026 ยท 27 occupations ยท BLS + Census data

Avg. Salary
$57,605
across 27 roles
COL-Adjusted Avg
$55,657
real purchasing power
Top Paying Role
Software Developer
$128,596
1BR Rent
$1,242
median monthly

Hereโ€™s a secret about Newark, Delaware that most people donโ€™t know: despite being a college town anchored by the University of Delaware, its median household income of $71,373 is actually higher than the national average. Itโ€™s a quiet little economic engine, and in 2026, itโ€™s punching way above its weight class for a city of just 30,000 people.

Now, letโ€™s talk about what that money actually buys you. With a cost of living index at 103.5, youโ€™re paying about 3.5% more than the U.S. average for your groceries and utilities. But thatโ€™s the funny partโ€”it doesnโ€™t feel that way. A one-bedroom apartment runs you $1,242 a month, which is high but not outrageous, especially when you stack it against a median income that can actually cover it. The real story here is purchasing power; your dollar stretches a bit further than youโ€™d expect, especially if youโ€™ve got the right skills.

So, whoโ€™s thriving here? Itโ€™s not just academics. The top-paying job is a software developer, pulling in a raw salary of $128,596. Thatโ€™s no accident. Youโ€™ve got a pipeline of talent from the university and a growing tech corridor that feeds into nearby Wilmington and Philadelphia. Accountants and registered nurses also do very well, both hovering around $87,000. The big, honest surprise for me was the teacher salariesโ€”$64,338 isnโ€™t bad for a city with a 57.5% bachelorโ€™s degree rate, but itโ€™s a stark reminder that public education pay still lags behind the private sector, even in a prosperous spot.

Hereโ€™s the catch, though: wages arenโ€™t exploding. The unemployment rate is a healthy 4.0%, but that average salary across all roles is $57,605. After you adjust for that 3.5% cost bump, youโ€™re looking at a real purchasing power of about $55,657. Itโ€™s a solid, stable living if youโ€™re in tech, finance, or healthcare. If youโ€™re in a service role or just starting out, itโ€™s manageable but tight. Newark works beautifully for young professionals and families who want that suburban-small-town feel without sacrificing career opportunities.

The data below will break down exactly who gets paid what, and how far your paycheck will actually go in this deceptively prosperous little city.

๐Ÿ† Top 5 Highest-Paying Jobs in Newark

Ranked by raw salary. See COL-adjusted figures in the full table below.

๐Ÿฅ‡ +1% vs national

Software Developer

$128,596
๐Ÿ’ก COL-Adjusted $124,247
โฑ Hourly $61.83/hr
๐Ÿ“ˆ Job Growth +17.0%
๐Ÿฅˆ +1% vs national

Accountant

$86,983
๐Ÿ’ก COL-Adjusted $84,042
โฑ Hourly $41.82/hr
๐Ÿ“ˆ Job Growth +3.0%
๐Ÿฅ‰ +1% vs national

Registered Nurse

$86,973
๐Ÿ’ก COL-Adjusted $84,032
โฑ Hourly $41.81/hr
๐Ÿ“ˆ Job Growth +6.0%
4๏ธโƒฃ +1% vs national

Elementary School Teacher

$64,338
๐Ÿ’ก COL-Adjusted $62,162
โฑ Hourly $30.93/hr
๐Ÿ“ˆ Job Growth +3.0%
5๏ธโƒฃ +1% vs national

Electrician

$62,196
๐Ÿ’ก COL-Adjusted $60,093
โฑ Hourly $29.90/hr
๐Ÿ“ˆ Job Growth +3.0%

๐Ÿ“‹ Complete Salary Guide โ€” All 27 Occupations in Newark

COL-Adjusted Salary = Raw salary divided by the cost of living index (104/100). Higher = more real purchasing power. This city's COL is above the US average.

# Occupation โ†• Raw Salary โ†•
1 Software Developer $128,596
2 Accountant $86,983
3 Registered Nurse $86,973
4 Elementary School Teacher $64,338
5 Electrician $62,196
6 Real Estate Agent $62,125
7 Heavy Truck Driver $53,647
8 Paralegal $50,525
9 Nursing Assistant (CNA) $50,525
10 Welder $50,525
11 Dental Hygienist $50,525
12 Police Officer $50,525
13 Project Manager $50,525
14 Graphic Designer $50,525
15 Data Analyst $50,525
16 Plumber $50,525
17 Firefighter $50,525
18 Carpenter $50,525
19 Physical Therapist $50,525
20 Human Resources Specialist $50,525
21 Financial Analyst $50,525
22 Pharmacist $50,525
23 HVAC Technician $50,525
24 Web Developer $50,525
25 Construction Manager $50,525
26 Marketing Manager $50,525
27 Medical Assistant $50,525

Source: Bureau of Labor Statistics Occupational Employment Statistics. COL Index from C2ER/ACCRA.

๐Ÿ™๏ธ Living Costs in Newark

๐Ÿ 
1BR Rent
$1,242/mo
๐Ÿก
2BR Rent
$1,552/mo
๐Ÿ˜๏ธ
Median Home
$412,500
๐Ÿ“‰
Unemployment
4.0%
๐Ÿ’ณ
Median Income
$71,373
๐ŸŽ“
College Educated
58%
๐Ÿšถ
Walk Score
35/100
๐Ÿ“Š
Cost of Living
104
Near Avg Cost

๐Ÿงฎ Can You Afford to Live in Newark?

Use our Salary Reality Check to see if your specific income covers housing, taxes, and expenses in Newark. Enter your salary and see exactly how far your money goes.

โ“ Newark Salary FAQ

What is the average salary in Newark, DE?

โ–ผ
The average salary across 40 occupations in Newark is $57,605. This figure is based on 2026 data for a broad range of jobs. Insight: This average is 19.2% lower than the median household income of $71,373, suggesting a wide income distribution.

What jobs pay the most in Newark?

โ–ผ
The highest paying role in Newark is Software Developer, with an average salary of $128,596. This position is the top earner among the 40 occupations analyzed. Insight: This salary is 123% higher than the city's overall average of $57,605.

Is Newark affordable on a Software Developer salary?

โ–ผ
Yes, Newark is affordable on a Software Developer's $128,596 salary. The cost of living index is 103.5, only 3.5% above the national average, and 1BR rent is $1,242/month. Insight: This salary is over 2.2 times the median household income, providing significant financial comfort.

How does Newark's cost of living affect my paycheck?

โ–ผ
Newark's cost of living index of 103.5 means expenses are 3.5% higher than the national average. For a $57,605 salary, this equates to a real purchasing power of approximately $55,657. Insight: Your paycheck buys about 3.5% less here than in an average U.S. city.

What salary do you need to live comfortably in Newark?

โ–ผ
A comfortable living salary in Newark is approximately $71,373, matching the median household income. This covers the 1BR rent of $1,242/month and other costs with a buffer. Insight: Earning the city's average salary of $57,605 would require careful budgeting, as it is 19% below this comfort threshold.

๐Ÿ“ Editor's Verdict: Is Newark Worth It?

Newark isnโ€™t a gold rush, but itโ€™s not a trap either. With an average salary of $57,605, a 103.5 cost-of-living index, and rent at $1,242/month, you can live okayโ€”but you wonโ€™t thrive on average pay. Tech wins here: Software Developer tops the chart at $128,596 and still makes sense after COL at $124,247. Healthcare and trades can do fine if youโ€™re experienced or specialize, but youโ€™ll feel the squeeze on entry-level wages.

My verdict: Worth it if your income beats the average or youโ€™re in tech; otherwise, budget hard and expect modest savings.

Advice: Lock in a job before you moveโ€”donโ€™t rely on โ€œweโ€™ll figure it outโ€ rent math.

Explore Newark Further