Housing costs in Newton?
A typical home costs
$213,900, which is 36.7% less expensive than the national average of
$338,100 and 26.1% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Newton costs
$870 per month, which is 21.6% cheaper than the national average of
$1,110 and 9.2% more than the state average of
$790.
Can I afford Newton?
To live comfortably in Newton (zip 28658), North Carolina, a minimum annual income of
$41,040 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Newton?
The cost of living in Newton, NC (zip code 28658) is relatively low compared to other parts of the country. According to BestPlaces's cost of living index, Newton's overall cost of living index score is 75.9, which is significantly lower than the US average index score of 100. Housing prices are quite reasonable as well - with a median housing price listed at $136,100 which is slightly lower than the national median housing price. In addition, grocery and restaurant prices are also very affordable - with food costing 8% less than the US average and restaurants being about 12% cheaper than the US average. Overall, Newton offers a great value for money when it comes to the cost of living.