Newman cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexNewmanCaliforniaNational
Cost of living index102135100
IndexNewmanCaliforniaNational
Goods & Services index104107100
Groceries index110117100
Health care index103109100
Housing index90189100
Transportation index114125100
Utilities index113116100
A general summary of the cost of living index in Newman, CA is shown above. Compared to the state average of California the cost of living index in Newman, CA is 102, which is 24% lower than the average in California and compared to the national average it is 2% higher than. The cost of living index is made up of several categories. These are transportation at 9%, utilities at 10%, goods and services at 33%, housing at 30%, groceries at 13%, and health care at 5%. The bulk of the cost of living index comes from the categories of goods and services and housing. If you look at everyday goods and services they can be a good indicator in a certain city of the general costs of goods there. In Newman, CA goods and services come in at 2% lower than the average in California and are 4% higher than compared to the nationwide average.

Did you know?

  • The cost of living in Newman is 24% lower than the California average.
  • The cost of living in Newman is 2% higher than the national average.
  • The cost of housing in Newman is 10% lower than the national average.
  • California general sales tax is 47% higher than the national average.
  • California state income tax is 55% lower than the national average.

Find Real Estate Listings In Newman

Location
Price
Bedrooms
Bathrooms
 

New Real Estate Listings In Newman

Compare Newman, CA Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Using the salary calculator lets you compare the salary you earn in Newman, CA to what it is in other cities. It will let you know what your earnings would have to be in another city to have the same standard of living, as determined by the cost of living in each city. For example, if the cost of living in the area you want to move to is higher than the cost of living in Newman, CA, you have to earn a higher income in order to still have the same standard of living. To operate the Newman, CA salary calculator, put in the name of the other city, then move the slider to the point that represents the current income. The salary calculator will take care of the rest and tell you how much more or less you must earn in the new city. A Total breakdown of the cost of living is also provided.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$55,816$4,651$1,302$1,675
Renters$30,026$2,502$701$901
One can approximate the cost of living and the housing affordability in Newman, CA by the percentage of a person’s income that he or she spends on the monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side and keep one’s head above the water, a consumer should never spend more than 28 percent of his or her gross income on housing-related expenses and costs and not more than 36 percent of income on all expenses and debts. Homeowners in Newman, CA have a median income of $55,816. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,302 per month to avoid calamity and poverty. The renters in the city have an income of about $30,026, which would make their monthly maximum allowable rental costs $701.

California Sales Tax

StateGeneral Sales TaxWith Max Surtax
California7.5%10%

California Income Tax

StateIncome Tax (Low)Income Tax (High)
California1%12.3%
When you are determining the total cost of living in Newman, CA you will want to make sure you consider both the California sales tax and the California income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in California is 7.5%, with the highest surtax being 10%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in California have a range from 1% to 12.3%.

Goods & Services

ItemNewmanNational avg.Difference
Haircut $16.49$14.5913.0%
Beauty Salon $43.50$34.6825.4%
Toothpaste $2.39$2.473.4%
Shampoo $1.39$1.0236.0%
Movie $10.25$9.873.9%
Bowling $4.00$4.398.9%

Groceries

ItemNewmanNational avg.Difference
Ground Beef $5.15$4.4815.0%
Fried Chicken $1.61$1.4610.0%
Milk $2.76$2.3617.1%
Potatoes $3.19$3.064.2%
Pizza $13.17$9.2442.5%
Beer $8.99$8.634.1%

Health Care

ItemNewmanNational avg.Difference
Optometrist $134.00$99.7834.3%
Doctor $91.50$105.0312.9%
Dentist $92.00$88.703.7%
Ibuprofen $10.75$9.4114.2%
Lipitor $316.62$298.506.1%

Housing

ItemNewmanNational avg.Difference
Home Price $142,200.00$175,700.0019.1%
Avg. Mortgage Payment $1,906.33$1,081.0376.3%
Apartment Rent $1,013.00$920.0010.1%

Transportation

ItemNewmanNational avg.Difference
Gasoline $2.53$2.0921.1%
Tire Balancing $43.33$45.294.3%

Utilities

ItemNewmanNational avg.Difference
All Electricity$231.09$170.8035.3%
Phone $22.99$28.2618.6%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Santa Nella, CA1,16493-7%
Crows Landing, CA19497-3%
Gustine, CA5,61098-2%
Delhi, CA9,9181022%
Stevinson, CA1711022%
Newman, CA10,5531022%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Trinity, FL10,55011414%
Cambridge, OH10,55880-20%
Sauk Village, IL10,54591-9%
Big Rapids, MI10,54384-16%
Wabash, IN10,53480-20%
Newman, CA10,5531022%
Source: The Newman, CA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.