Newtown Grant, PA Cost Of Living
Cost Of Living In Newtown Grant, PA Summary
Cost of living in Newtown Grant 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 Newtown Grant is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Pennsylvania, 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 Newtown Grant is 134, with 100 being the average.
The cost of living index in Newtown Grant is 1.3x higher than the national average.
Newtown Grant ranks as the #241 cheapest in Pennsylvania out of 247.
Newtown Grant ranks as the #5,400 cheapest out of 6,412 in the US.
The median home value in Newtown Grant is $468,300.
The median income in Newtown Grant is $165,252.
Table Of Contents
Newtown Grant's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Newtown Grant, PA?
According to the most recent data on the cost of living, Newtown Grant has an overall cost of living index of 134, which is 1.3x higher than the national index of 100.
Compared to Pennsylvania, Newtown Grant has a cost of living index that's 1.4x higher than Pennsylvania's index of 97.
The standard of living in Newtown Grant ranks as #241 most affordable out of the 247 places we measured in Pennsylvania. By definition, that implies Newtown Grant ranks as the #6 most expensive place in the Keystone State.
For more reading on life in Newtown Grant, check out:
- Living In Newtown Grant
- Search Homes For Sale In Newtown Grant, PA
In Pennsylvania
In America
Newtown Grant Cost Of Living Vs. Pennsylvania
Six factors go into calculating the cost of living index in Newtown Grant. Here is how it fairs on each of the criteria:
The Services index in Newtown Grant is 106.
The Groceries index in Newtown Grant is 118.
The Health index in Newtown Grant is 103.
The Housing index in Newtown Grant is 188.
The Transportation index in Newtown Grant is 116.
The Utilities index in Newtown Grant is 111.
| Living Expense | Newtown Grant | Pennsylvania | National Average | |
|---|---|---|---|---|
| Overall | 134 | 97 | 100 | |
| Services | 106 | 99 | 100 | |
| Groceries | 118 | 101 | 100 | |
| Health | 103 | 97 | 100 | |
| Housing | 188 | 85 | 100 | |
| Transportation | 116 | 105 | 100 | |
| Utilities | 111 | 106 | 100 | |
Newtown Grant, PA Housing Cost Breakdown
Housing swings affordability the most between places in Pennsylvania, 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 Newtown Grant is $468,300.
The Median Rent in Newtown Grant is $1,914.
The Median Income in Newtown Grant is $165,252.
The Home Value To Income in Newtown Grant is 2.8x.
The Rent To Monthly Income in Newtown Grant is 0.14x.
| Statistic | Newtown Grant | Pennsylvania | United States |
|---|---|---|---|
| Median Home Value | $468,300 | $197,300 | $244,900 |
| Median Rent | $1,914 | $1,013 | $1,163 |
| Median Income | $165,252 | $67,587 | $69,021 |
| Home Value To Income | 2.8x | 2.9x | 3.5x |
| Rent To Monthly Income | 0.14x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Newtown Grant, PA Costs By Category
Detailed Newtown Grant Services Costs Vs. Pennsylvania
| Item | Newtown Grant | Pennsylvania |
|---|---|---|
| Shampoo | $1.02 | $1.06 |
| Movie | $12.0 | $10.68 |
| Bowling | $18.8 | $14.67 |
| Haircut | $19.66 | $18.62 |
| Beauty Salon | $60.55 | $39.05 |
Detailed Newtown Grant Groceries Costs Vs. Pennsylvania
| Item | Newtown Grant | Pennsylvania |
|---|---|---|
| Ground Beef | $4.57 | $4.22 |
| Fried Chicken | $1.6 | $1.39 |
| Milk | $2.18 | $2.05 |
| Potatoes | $3.66 | $3.29 |
| Pizza | $10.67 | $10.62 |
| Beer | $8.81 | $9.38 |
| Toothpaste | $2.34 | $2.34 |
Detailed Newtown Grant Health Costs Vs. Pennsylvania
| Item | Newtown Grant | Pennsylvania |
|---|---|---|
| Optometrist | $108.61 | $108.57 |
| Doctor | $133.89 | $116.17 |
| Dentist | $96.86 | $99.13 |
Detailed Newtown Grant Transportation Costs Vs. Pennsylvania
| Item | Newtown Grant | Pennsylvania |
|---|---|---|
| Gasoline | $2.42 | $2.22 |
| Tire Balancing | $60.97 | $50.07 |
Detailed Newtown Grant Utilities Costs Vs. Pennsylvania
| Item | Newtown Grant | Pennsylvania |
|---|---|---|
| All Electricity | $193.98 | $167.67 |
| Phone | $192.07 | $175.64 |
Newtown Grant SnackAbility
/10
Cost Of Living In Cities Around Newtown Grant
The cost of living varies in the cities and towns around Newtown Grant. Here's a quick look at the cost of living in the most populous nearby places:
Mercerville, NJ has a cost of living index of 116, 0.9x Newtown Grant.
Montgomeryville, PA has a cost of living index of 126, 0.9x Newtown Grant.
Hamilton Square, NJ has a cost of living index of 130, 1.0x Newtown Grant.
| City | Population | Cost Of Living | Vs. Newtown Grant |
|---|---|---|---|
| Mercerville, NJ | 14,234 | 116 | 0.9x |
| Montgomeryville, PA | 12,988 | 126 | 0.9x |
| Hamilton Square, NJ | 12,244 | 130 | 1.0x |
| White Horse, NJ | 9,710 | 111 | 0.8x |
| Glenside, PA | 7,411 | 117 | 0.9x |
| Maple Glen, PA | 7,255 | 137 | 1.0x |
| Richboro, PA | 6,807 | 149 | 1.1x |
| Blue Bell, PA | 6,421 | 139 | 1.0x |
| Yardville, NJ | 6,242 | 117 | 0.9x |
| Oreland, PA | 6,111 | 120 | 0.9x |
