Newton, IA Cost Of Living

The latest cost of living statistics for Newton. Includes statistics on rent, mortgages, healthcare, and other costs for Newton compared to the state and national averages.

Cost of living in Newton, Iowa

Cost of living in Newton research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Newton is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Iowa, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

90 Cost of living index 0.9x lower vs US
#39 Cheapest in Iowa (of 85)
#1,055 Cheapest in the U.S. (of 6,489)
$200,884 Median home value
$819 Median rent
$57,771 Median income
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What is the cost of living in Newton, IA?

According to the most recent data on the cost of living, Newton has an overall cost of living index of 90, which is 0.9x lower than the national index of 100.

Compared to Iowa, Newton has a cost of living index that's 1.0x lower than Iowa's index of 90.

The standard of living in Newton ranks as #39 most affordable out of the 85 places we measured in Iowa. By definition, that implies Newton ranks as the #46 most expensive place in the Hawkeye State.

For more reading on life in Newton, check out:

Newton Cost Of Living Vs. Iowa

Six factors go into calculating the cost of living index in Newton. Here is how it fares on each of the criteria:

  • The Services index in Newton is 99.

  • The Groceries index in Newton is 95.

  • The Health index in Newton is 70.

  • The Housing index in Newton is 96.

  • The Transportation index in Newton is 99.

  • The Utilities index in Newton is 92.

Living Expense Newton Iowa National Average
Overall 90 90 100
Services 99 99 100
Groceries 95 95 100
Health 70 75 100
Housing 96 97 100
Transportation 99 93 100
Utilities 92 94 100

Newton Cost Of Living Compared To Iowa Averages

Services
Newton 99
Iowa avg 99
Groceries
Newton 95
Iowa avg 95
Health
Newton 70
Iowa avg 75
Housing
Newton 96
Iowa avg 97
Transportation
Newton 99
Iowa avg 93
Utilities
Newton 92
Iowa avg 94

Index where 100 = national average. Source: cost-of-living index 2026.

For more reading on cost of living around Iowa, check out:

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Source: Cost-of-living index 2026, normalized to US average = 100

Newton, IA Housing Cost Breakdown

$200,884Median Home Value
$819Median Rent
$57,771Median Income

Housing swings affordability the most between places in Iowa, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2020-2024. The key points are:

  • The Median Home Value in Newton is $200,884.

  • The Median Rent in Newton is $819.

  • The Median Income in Newton is $57,771.

  • The Home Value To Income in Newton is 3.5x.

  • The Rent To Monthly Income in Newton is 0.17x.

Statistic Newton Iowa United States
Median Home Value $200,884 $231,584 $332,700
Median Rent $819 $972 $1,413
Median Income $57,771 $75,059 $80,734
Home Value To Income 3.5x 3.1x 4.1x
Rent To Monthly Income 0.17x 0.16x 0.21x

Newton, IA Costs By Category

Detailed Newton Services costs vs. Iowa
Item Newton Iowa
Shampoo $1.35 $1.28
Movie $11.17 $12.13
Bowling $20.87 $18
Haircut $20.63 $24.26
Beauty Salon $41.0 $45.56
Detailed Newton Groceries costs vs. Iowa
Item Newton Iowa
Ground Beef $6.36 $5.84
Fried Chicken $1.38 $1.57
Milk $4.82 $4.67
Potatoes $4.81 $4.93
Pizza $11.84 $12.09
Beer $9.82 $10.41
Toothpaste $3.69 $3.7
Detailed Newton Health costs vs. Iowa
Item Newton Iowa
Optometrist $125.17 $125.68
Doctor $129.05 $135.78
Dentist $96.6 $113.29
Detailed Newton Transportation costs vs. Iowa
Item Newton Iowa
Gasoline $3.19 $3.46
Tire Balancing $52.49 $59.92
Detailed Newton Utilities costs vs. Iowa
Item Newton Iowa
All Electricity $154.71 $193.99
Phone $186.87 $192.25

Newton SnackAbility

6Overall SnackAbility
Jobs 7/10
Housing 6/10
Affordability 8/10
Diversity 5/10
Safety 6/10
Amenities 8.5/10
Education 7/10
Commute 8.5/10

Cost Of Living In Cities Around Newton

The cost of living varies in the cities and towns around Newton. Here's a quick look at the cost of living in the most populous nearby places:

  • Ankeny, IA has a cost of living index of 106, 1.2x Newton.

  • West Des Moines, IA has a cost of living index of 103, 1.1x Newton.

  • Ames, IA has a cost of living index of 101, 1.1x Newton.

City Population Cost Of Living Vs. Newton
Ankeny, IA 72,615 106 1.2x
West Des Moines, IA 71,083 103 1.1x
Ames, IA 67,669 101 1.1x
Urbandale, IA 46,595 107 1.2x
Waukee, IA 29,236 104 1.2x
Johnston, IA 24,384 110 1.2x
Altoona, IA 21,495 99 1.1x
Clive, IA 19,012 110 1.2x
Grimes, IA 16,366 103 1.1x
Norwalk, IA 14,183 101 1.1x