Housing costs in Newton?
A typical home costs
$150,900, which is 55.4% less expensive than the national average of
$338,100 and 22.6% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Newton costs
$830 per month, which is 42.0% cheaper than the national average of
$1,430 and 12.0% cheaper than the state average of
$930.
Can I afford Newton?
To live comfortably in Newton, Iowa, a minimum annual income of
$28,800 for a family, and
$25,200 for a single person is recommended.
What does A.I. say about Newton?
The cost of living in Newton, IA is relatively affordable compared to other cities in the United States. The median home value is $98,900, which is lower than the national average. Additionally, utility costs are below the national average and goods and services are also generally priced lower than average. Overall, residents of Newton find that their cost of living is manageable and they are able to enjoy a high standard of living on their incomes.