Housing costs in Newton?
A typical home costs
$163,100, which is 51.8% less expensive than the national average of
$338,100 and 16.3% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Newton costs
$840 per month, which is 41.3% cheaper than the national average of
$1,430 and 10.7% cheaper than the state average of
$930.
Can I afford Newton?
To live comfortably in Newton (zip 50208), Iowa, a minimum annual income of
$31,320 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Newton?
The cost of living in 50208 Newton, IA is relatively low compared to the national average. The most significant expenses for residents are housing and transportation costs. Housing prices in Newton are markedly lower than the national median. Additionally, transportation costs such as fuel and vehicle maintenance remain below the national average. In general, the cost of living in 50208 Newton, IA is very affordable, making it an attractive option for those looking for a more budget-friendly place to live.