Housing costs in Newton?
A typical home costs
$210,100, which is 37.9% less expensive than the national average of
$338,100 and 1.8% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Newton costs
$700 per month, which is 25.5% cheaper than the national average of
$940 and 5.7% cheaper than the state average of
$740.
Can I afford Newton?
To live comfortably in Newton (zip 36352), Alabama, a minimum annual income of
$40,320 for a family, and
$24,000 for a single person is recommended.
What does A.I. say about Newton?
The cost of living in 36352 Newton, AL is relatively low compared to the national average. The median home cost is $89,000 and the median rent is $600 which are both much lower than most cities in the area. The overall cost of living index for 36352 Newton, AL is 79.3, which is 21.7% lower than the national average. Residents can enjoy amenities such as local restaurants, parks, and shopping centers without breaking their budget. Additionally, there are no state income taxes in Alabama so residents do not have to worry about paying extra taxes on their wages and investments. Overall, 36352 Newton, AL is a great place to live for those looking to stretch their dollar further than other areas in the country.