Cost of Living in Newton, NH

Population 4,825 · New Hampshire · Data vintage 2023

134
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Newton a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $429,000. The labor market has been unusually tight, with unemployment around 2.9% — below most comparable cities in the state.

Located 20 miles northeast of Lowell, Newton falls within that metro's commuting orbit. Median home values run roughly 9% higher than Lowell's $395,000.

Cost Overview

Housing 141
Rent 123

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Newton

The median home value in Newton is $429,400 — 41% above the national median of $305,000. Median rent runs $1,618/month, 23% higher than the national median of $1,314/month. The median household income of $135,648/year is 82% higher than the US median of $74,580. The local unemployment rate is 2.9%, below the national average of 4.8%. New Hampshire charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 59.4°F and lows of 40.9°F. Overall, Newton has a cost of living index of 134 versus the US average of 100, meaning it is 34% more expensive.

🏠 Housing

Median Home Value
$429,400
41% above avg
Median Rent
$1,618/mo
23% above avg
Price-to-Rent Ratio
22.1x
Favors renting
Property Tax Rate
2.1%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,346
1 BR
$1,498
2 BR
$1,963
3 BR
$2,365
4 BR
$2,603
Owner-occupied 90.1%
Renter-occupied 9.9%

💰 Estimated Monthly Budget

Rent median rent
$1,618
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,232/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
30.8 min
14% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
15.3%

Commute Mode

Drove alone
73.9%
Carpooled
8.3%
Public transit
0.3%
Bicycle
0.9%
Work from home
15.3%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 0.0%
State rate 0.0%
Avg local rate 0.0%
Property Tax 2.1%

💼 Income & Employment

Median Household Income
$135,648
82% above avg
Per Capita Income
$63,182
Unemployment Rate
2.9%
40% below avg
Poverty Rate
6.0%
Labor Force Participation
64.2%

🎓 Education

Bachelor's degree+ 24.7%
Graduate degree 10.3%

👥 Demographics

Median Age 45.5
Male median age 45.4
Female median age 49.2

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
59.4°F
Avg Low
40.9°F
Annual Precip
40.9"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 353845586977838274625140
Low °F 192128384857636254433425
Precip" 2.862.443.423.603.393.993.483.043.754.103.523.32

Frequently Asked Questions

What is the cost of living in Newton, NH?

Newton has a cost index of 134 (100 = national average). It is 34% above the national average.

What is average rent in Newton, NH?

The median gross rent in Newton is $1,618 per month based on 2023 Census data.

What is the average home price in Newton?

The median home value in Newton is $429,400 according to 2023 Census ACS data.

What is the median income in Newton?

The median household income in Newton is $135,648 per year (2023 ACS 5-year estimates).

What is the sales tax in Newton, NH?

The combined state and local sales tax rate in Newton is 0.0%. New Hampshire has no state income tax.

Is Newton, NH affordable?

Newton is above average in cost of living, with an index of 134 — about 34% higher than the national average.

What is the weather like in Newton?

Newton has average high temperatures of 59.4°F and average lows of 40.9°F. Annual precipitation is 40.9". Data from NOAA 1991–2020 Climate Normals.

Newton at a Glance

Population
4,825
Median Income
$135,648
Home Value
$429,400
Median Rent
$1,618/mo
Unemployment
2.9%
Avg High Temp
59.4°F
Sales Tax
0.0%
View all cities in New Hampshire →
🗺️ County data for New Hampshire

Explore county-level cost of living data

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