Newton, NC Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2022-04-07
92
Newton's Overall Cost Of Living
0.9x
Lower Than The National Average
55 out of 153
In North Carolina
1,974 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means Newton is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Newton, NC?

According to the most recent data on the cost of living, Newton has an overall cost of living index of 92 which is 0.9x lower than the national index of 100.

Compared to only North Carolina, Newton has a cost of living index that's 1.0x lower than North Carolina's index of 95.

The standard of living in Newton ranks as #1,974 most affordable out of the 6,418 places we measured in North Carolina. By definition, that implies Newton ranks as the #4,444 most expensive place in the Tar Heel State.

For more reading on life in Newton, check out:

Newton Cost Of Living Vs. North Carolina

Living Expense Newton North Carolina National Average
Overall 92 95 100
Services 105 102 100
Groceries 102 100 100
Health 102 108 100
Housing 66 87 100
Transportation 101 96 100
Utilities 95 98 100
For more reading on cost of living around North Carolina, check out:
Newton Cost of Living Vs. NC

Newton, NC Housing Cost Breakdown

Housing swings affordability the most between places in North Carolina, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$120,000
Median Home Value
$800
Median Rent
$50,659
Median Income
Statistic Newton North Carolina United States
Median Home Value $120,000 $182,100 $229,800
Median Rent $800 $932 $1,096
Median Income $50,659 $56,642 $64,994
Home Value To Income 2.4x 3.2x 3.5x
Rent To Monthly Income 0.19x 0.2x 0.2x

Detailed Newton Services Costs Vs. North Carolina

Item Newton North Carolina
Shampoo $1.0 $1.06
Movie $10.0 $10.68
Bowling $22.35 $14.67

Detailed Newton Groceries Costs Vs. North Carolina

Item Newton North Carolina
Ground Beef $3.88 $4.22
Fried Chicken $1.46 $1.39
Milk $1.69 $2.05

Detailed Newton Health Costs Vs. North Carolina

Item Newton North Carolina
Haircut $16.9 $18.62
Beauty Salon $39.1 $39.05
Toothpaste $2.27 $2.34

Detailed Newton Transportation Costs Vs. North Carolina

Item Newton North Carolina
Potatoes $3.65 $3.29
Pizza $9.09 $10.62
Beer $10.42 $9.38
Optometrist $119.06 $108.57
Doctor $121.12 $116.17
Dentist $112.88 $99.13

Detailed Newton Utilities Costs Vs. North Carolina

Item Newton North Carolina
Gasoline $2.35 $2.22
Tire Balancing $45.59 $50.07
All Electricity $158.05 $167.67
Phone $179.94 $175.64

Newton SnackAbility

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

Cost Of Living In Cities Around Newton

City Population Cost Of Living Vs. Newton
Hickory, NC 41,067 97 1.1x
Lincolnton, NC 11,099 91 1.0x
St. Stephens, NC 9,298 88 1.0x
Lake Norman of Catawba, NC 8,701 112 1.2x
Conover, NC 8,488 91 1.0x
Sawmills, NC 5,201 90 1.0x

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