Housing costs in Newton?
A typical home costs
$221,000, which is 34.6% less expensive than the national average of
$338,100 and 23.6% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Newton costs
$830 per month, which is 42.0% cheaper than the national average of
$1,430 and 33.7% cheaper than the state average of
$1,110.
Can I afford Newton?
To live comfortably in Newton, North Carolina, a minimum annual income of
$42,480 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Newton?
The cost of living in Newton, NC is very affordable. According to the most recent estimates, the overall cost of living in Newton is about 8% lower than the national average. This means that it is a great place for people who are looking to save money while still having access to all the necessary amenities. The median home price in Newton is about $128,000, which is significantly lower than many other towns and cities in North Carolina. Additionally, goods and services tend to be much cheaper when compared to other areas, such as groceries and utilities. Overall, Newton offers residents an excellent quality of life at an incredibly low cost.