Housing costs in Newton?
A typical home costs
$1,071,200, which is 216.8% more expensive than the national average of
$338,100 and 92.2% more expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Newton costs
$2,970 per month, which is 38.8% more than the national average of
$2,140 and 18.5% more than the state average of
$2,420.
Can I afford Newton?
To live comfortably in Newton (zip 02458), Massachusetts, a minimum annual income of
$205,200 for a family, and
$98,000 for a single person is recommended.
What does A.I. say about Newton?
The cost of living in 02458 Newton, MA is quite high. The average home price in this area is around $1 million, and the average rent for a one-bedroom apartment is over $2,000 per month. Additionally, groceries and other consumer goods tend to be more expensive than in other parts of the country. Even though there are some benefits to living in such an affluent area, it can be quite a financial burden for those who are not able to afford the higher costs associated with living here.