Newton, IA Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Newton, IA Summary

Cost of living in Newton research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Newton is expensive. An index value below 100 means the city is a relatively cheap place to live.

On a city-by-city basis in Iowa, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:

  • The cost of living index in Newton is 84, with 100 being the average.

  • The cost of living index in Newton is 0.8x lower than the national average.

  • Newton ranks as the #20 cheapest in Iowa out of 80.

  • Newton ranks as the #629 cheapest out of 6,412 in the US.

  • The median home value in Newton is $126,300.

  • The median income in Newton is $51,026.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
84
Newton's Overall Cost Of Living
0.8x
Lower Than The National Average

What is the cost of living in Newton, IA?

According to the most recent data on the cost of living, Newton has an overall cost of living index of 84, which is 0.8x lower than the national index of 100.

Compared to Iowa, Newton has a cost of living index that's 0.9x lower than Iowa's index of 89.

The standard of living in Newton ranks as #20 most affordable out of the 80 places we measured in Iowa. By definition, that implies Newton ranks as the #60 most expensive place in the Hawkeye State.

For more reading on life in Newton, check out:

20 out of 80
In Iowa
629 out of 6,412
In America

Newton Cost Of Living Vs. Iowa

Six factors go into calculating the cost of living index in Newton. Here is how it fairs on each of the criteria:

  • The Services index in Newton is 92.

  • The Groceries index in Newton is 92.

  • The Health index in Newton is 90.

  • The Housing index in Newton is 61.

  • The Transportation index in Newton is 96.

  • The Utilities index in Newton is 91.

Living Expense Newton Iowa National Average
Overall 84 89 100
Services 92 95 100
Groceries 92 98 100
Health 90 99 100
Housing 61 73 100
Transportation 96 98 100
Utilities 91 94 100
For more reading on cost of living around Iowa, check out:
Newton Cost of Living Vs. IA

Newton, IA Housing Cost Breakdown

Housing swings affordability the most between places in Iowa, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:

  • The Median Home Value in Newton is $126,300.

  • The Median Rent in Newton is $741.

  • The Median Income in Newton is $51,026.

  • The Home Value To Income in Newton is 2.5x.

  • The Rent To Monthly Income in Newton is 0.17x.

Statistic Newton Iowa United States
Median Home Value $126,300 $160,700 $244,900
Median Rent $741 $845 $1,163
Median Income $51,026 $65,429 $69,021
Home Value To Income 2.5x 2.5x 3.5x
Rent To Monthly Income 0.17x 0.15x 0.2x
Search Homes For Sale In Newton, IA
$126,300
Median Home Value
$741
Median Rent
$51,026
Median Income

Newton, IA Costs By Category

Detailed Newton Services Costs Vs. Iowa

Item Newton Iowa
Shampoo $1.23 $1.06
Movie $8.99 $10.68
Bowling $16.34 $14.67
Haircut $17.02 $18.62
Beauty Salon $32.13 $39.05

Detailed Newton Groceries Costs Vs. Iowa

Item Newton Iowa
Ground Beef $3.15 $4.22
Fried Chicken $1.51 $1.39
Milk $2.18 $2.05
Potatoes $2.25 $3.29
Pizza $9.99 $10.62
Beer $8.94 $9.38
Toothpaste $1.81 $2.34

Detailed Newton Health Costs Vs. Iowa

Item Newton Iowa
Optometrist $108.45 $108.57
Doctor $110.85 $116.17
Dentist $82.19 $99.13

Detailed Newton Transportation Costs Vs. Iowa

Item Newton Iowa
Gasoline $2.17 $2.22
Tire Balancing $49.09 $50.07

Detailed Newton Utilities Costs Vs. Iowa

Item Newton Iowa
All Electricity $135.13 $167.67
Phone $180.81 $175.64

Newton SnackAbility

6
/10
Overall SnackAbility
Jobs
7/10
Housing
6
Affordability
8
Diversity
5
Safety
6
Amenities
8.5
Education
7
Commute
8.5

Cost Of Living In Cities Around Newton

The cost of living varies in the cities and towns around Newton. Here's a quick look at the cost of living in the most populous nearby places:

  • West Des Moines, IA has a cost of living index of 99, 1.2x Newton.

  • Ankeny, IA has a cost of living index of 96, 1.1x Newton.

  • Ames, IA has a cost of living index of 99, 1.2x Newton.

City Population Cost Of Living Vs. Newton
West Des Moines, IA 67,640 99 1.2x
Ankeny, IA 66,346 96 1.1x
Ames, IA 65,522 99 1.2x
Urbandale, IA 45,037 99 1.2x
Waukee, IA 23,441 95 1.1x
Johnston, IA 23,418 104 1.2x
Altoona, IA 19,345 93 1.1x
Clive, IA 18,323 102 1.2x
Grimes, IA 14,842 98 1.2x
Norwalk, IA 12,592 91 1.1x

Articles About Iowa

Enjoy The Snack?