What is the cost of living in Newton, NJ?
According to the most recent data on the cost of living, Newton has an overall cost of living index of 119, which is 1.2x higher than the national index of 100.
Compared to New Jersey, Newton has a cost of living index that's 1.0x lower than New Jersey's index of 125.
The standard of living in Newton ranks as #57 most affordable out of the 262 places we measured in New Jersey. By definition, that implies Newton ranks as the #205 most expensive place in the Garden State.
For more reading on life in Newton, check out:
Newton Cost Of Living Vs. New Jersey
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 108.
The Groceries index in Newton is 113.
The Health index in Newton is 123.
The Housing index in Newton is 121.
The Transportation index in Newton is 112.
The Utilities index in Newton is 111.
| Living Expense | Newton | New Jersey | National Average |
|---|---|---|---|
| Overall | 119 | 125 | 100 |
| Services | 108 | 107 | 100 |
| Groceries | 113 | 113 | 100 |
| Health | 123 | 155 | 100 |
| Housing | 121 | 116 | 100 |
| Transportation | 112 | 112 | 100 |
| Utilities | 111 | 113 | 100 |
Newton Cost Of Living Compared To New Jersey Averages
Index where 100 = national average. Source: cost-of-living index 2026.
For more reading on cost of living around New Jersey, check out:
Protect your home budget Compare home warranties in Newton Get matched →Source: Cost-of-living index 2026, normalized to US average = 100
Newton, NJ Housing Cost Breakdown
Housing swings affordability the most between places in New Jersey, 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 $437,913.
The Median Rent in Newton is $1,442.
The Median Income in Newton is $76,221.
The Home Value To Income in Newton is 5.7x.
The Rent To Monthly Income in Newton is 0.23x.
| Statistic | Newton | New Jersey | United States |
|---|---|---|---|
| Median Home Value | $437,913 | $569,411 | $332,700 |
| Median Rent | $1,442 | $1,720 | $1,413 |
| Median Income | $76,221 | $103,556 | $80,734 |
| Home Value To Income | 5.7x | 5.5x | 4.1x |
| Rent To Monthly Income | 0.23x | 0.2x | 0.21x |
Newton, NJ Costs By Category
Detailed Newton Services costs vs. New Jersey
| Item | Newton | New Jersey |
|---|---|---|
| Shampoo | $1.44 | $1.28 |
| Movie | $14.15 | $12.13 |
| Bowling | $25.03 | $18 |
| Haircut | $29.17 | $24.26 |
| Beauty Salon | $40.36 | $45.56 |
Detailed Newton Groceries costs vs. New Jersey
| Item | Newton | New Jersey |
|---|---|---|
| Ground Beef | $5.64 | $5.84 |
| Fried Chicken | $1.55 | $1.57 |
| Milk | $4.74 | $4.67 |
| Potatoes | $5.21 | $4.93 |
| Pizza | $11.49 | $12.09 |
| Beer | $11.66 | $10.41 |
| Toothpaste | $3.66 | $3.7 |
Detailed Newton Health costs vs. New Jersey
| Item | Newton | New Jersey |
|---|---|---|
| Optometrist | $105.11 | $125.68 |
| Doctor | $117.94 | $135.78 |
| Dentist | $121.22 | $113.29 |
Detailed Newton Transportation costs vs. New Jersey
| Item | Newton | New Jersey |
|---|---|---|
| Gasoline | $3.45 | $3.46 |
| Tire Balancing | $77.33 | $59.92 |
Detailed Newton Utilities costs vs. New Jersey
| Item | Newton | New Jersey |
|---|---|---|
| All Electricity | $230.68 | $193.99 |
| Phone | $186.61 | $192.25 |
Newton SnackAbility
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:
Dover, NJ has a cost of living index of 121, 1.0x Newton.
Hopatcong, NJ has a cost of living index of 125, 1.1x Newton.
Budd Lake, NJ has a cost of living index of 130, 1.1x Newton.
| City | Population | Cost Of Living | Vs. Newton |
|---|---|---|---|
| Dover, NJ | 18,563 | 121 | 1.0x |
| Hopatcong, NJ | 14,565 | 125 | 1.1x |
| Budd Lake, NJ | 10,650 | 130 | 1.1x |
| Kinnelon, NJ | 10,013 | 170 | 1.4x |
| Succasunna, NJ | 9,799 | 141 | 1.2x |
| Lake Mohawk, NJ | 9,508 | 140 | 1.2x |
| White Meadow Lake, NJ | 8,842 | 139 | 1.2x |
| Wharton, NJ | 7,318 | 131 | 1.1x |
| Mount Arlington, NJ | 5,935 | 134 | 1.1x |
