Newton, NC Cost Of Living
Newton's Overall Cost Of Living
Lower Than The National Average
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 91 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 #1887 most affordable out of the 6522 places we measured in North Carolina. By definition, that implies Newton ranks as the #4520 most expensive place in the Tar Heel State.
Newton Cost Of Living Vs. North Carolina
| Living Expense | Newton | North Carolina | National Average | |
|---|---|---|---|---|
| Overall | 91 | 95 | 100 | |
| Services | 106 | 101 | 100 | |
| Groceries | 103 | 98 | 100 | |
| Health | 101 | 108 | 100 | |
| Housing | 65 | 85 | 100 | |
| Transportation | 94 | 94 | 100 | |
| Utilities | 95 | 98 | 100 | |
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.
Median Home Value
Median Rent
Median Income
| Statistic | Newton | North Carolina | United States |
|---|---|---|---|
| Median Home Value | $107,700 | $165,900 | $204,900 |
| Median Rent | $730 | $877 | $1,023 |
| Median Income | $42,320 | $52,413 | $60,293 |
| Home Value To Income | 2.5x | 3.2x | 3.4x |
| Rent To Monthly Income | 0.21x | 0.2x | 0.2x |
Newton SnackAbility
/10
Cost Of Living In Cities Around Newton
| City | Population | Cost Of Living | Vs. Newton |
|---|---|---|---|
| Hickory, NC | 40,402 | 96 | 1.1x |
| Lincolnton, NC | 10,678 | 91 | 1.0x |
| St. Stephens, NC | 9,254 | 89 | 1.0x |
| Conover, NC | 8,300 | 92 | 1.0x |
| Lake Norman of Catawba, NC | 8,241 | 116 | 1.3x |
| Sawmills, NC | 5,159 | 88 | 1.0x |
