Housing costs in Newton?
A typical home costs
$1,110,800, which is 228.5% more expensive than the national average of
$338,100 and 99.3% more expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Newton costs
$3,210 per month, which is 50.0% more than the national average of
$2,140 and 24.6% more than the state average of
$2,420.
Can I afford Newton?
To live comfortably in Newton (zip 02466), Massachusetts, a minimum annual income of
$212,760 for a family, and
$106,000 for a single person is recommended.
What does A.I. say about Newton?
The cost of living in 02466 Newton, MA is quite high. The median home value is $1,155,400 according to Zillow, and the median rent price is $3,150. This makes it one of the most expensive cities to live in compared to other cities within the state. Groceries, health care and utilities are all more expensive than average when compared to national prices. Despite these high costs, many residents find that living in Newton offers a higher quality of life with its convenient location and access to amenities such as parks, restaurants and shopping centers.