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 Kansas, 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 86, with 100 being the average.
The cost of living index in Newton is 0.9x lower than the national average.
Newton ranks as the #25 cheapest in Kansas out of 63.
Newton ranks as the #938 cheapest out of 6,412 in the US.
The median home value in Newton is $107,500.
The median income in Newton is $59,586.
According to the most recent data on the cost of living, Newton has an overall cost of living index of 86, which is 0.9x lower than the national index of 100.
Compared to Kansas, Newton has a cost of living index that's 1.0x lower than Kansas's index of 87.
The standard of living in Newton ranks as #25 most affordable out of the 63 places we measured in Kansas. By definition, that implies Newton ranks as the #38 most expensive place in the Sunflower State.
For more reading on life in Newton, check out:
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 99.
The Groceries index in Newton is 94.
The Health index in Newton is 93.
The Housing index in Newton is 62.
The Transportation index in Newton is 93.
The Utilities index in Newton is 96.
Living Expense | Newton | Kansas | National Average | |
---|---|---|---|---|
Overall | 86 | 87 | 100 | |
Services | 99 | 90 | 100 | |
Groceries | 94 | 95 | 100 | |
Health | 93 | 98 | 100 | |
Housing | 62 | 70 | 100 | |
Transportation | 93 | 93 | 100 | |
Utilities | 96 | 102 | 100 |
Housing swings affordability the most between places in Kansas, 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 $107,500.
The Median Rent in Newton is $827.
The Median Income in Newton is $59,586.
The Home Value To Income in Newton is 1.8x.
The Rent To Monthly Income in Newton is 0.17x.
Statistic | Newton | Kansas | United States |
---|---|---|---|
Median Home Value | $107,500 | $164,800 | $244,900 |
Median Rent | $827 | $912 | $1,163 |
Median Income | $59,586 | $64,521 | $69,021 |
Home Value To Income | 1.8x | 2.6x | 3.5x |
Rent To Monthly Income | 0.17x | 0.17x | 0.2x |
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:
Derby, KS has a cost of living index of 93, 1.1x Newton.
Andover, KS has a cost of living index of 98, 1.1x Newton.
McPherson, KS has a cost of living index of 92, 1.1x Newton.
City | Population | Cost Of Living | Vs. Newton |
---|---|---|---|
Derby, KS | 25,365 | 93 | 1.1x |
Andover, KS | 15,162 | 98 | 1.1x |
McPherson, KS | 13,916 | 92 | 1.1x |
Valley Center, KS | 8,365 | 90 | 1.0x |
Bel Aire, KS | 8,148 | 94 | 1.1x |
Mulvane, KS | 5,676 | 90 | 1.0x |
Maize, KS | 5,469 | 96 | 1.1x |