Newton Falls 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.
IndexNewton FallsOhioNational
Cost of living index8491100
IndexNewton FallsOhioNational
Goods & Services index8899100
Groceries index118101100
Health care index8895100
Housing index5575100
Transportation index102101100
Utilities index9691100
An overview of the general cost of living index for Newton Falls, OH is displayed above for your reference. Residents in Newton Falls, OH enjoy a cost of living index of 84. This index is 8% lower than the Ohio average, and 16% lower than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in Newton Falls, OH, the average cost of goods and services is 11% lower than it is in Ohio, and it is 12% lower than the national average.

Did you know?

  • The cost of living in Newton Falls is 8% lower than the Ohio average.
  • The cost of living in Newton Falls is 16% lower than the national average.
  • The cost of housing in Newton Falls is 45% lower than the national average.
  • Ohio general sales tax is 13% higher than the national average.
  • Ohio state income tax is 76% lower than the national average.

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Compare Newton Falls, OH 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 Newton Falls, OH 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 Newton Falls, OH, you have to earn a higher income in order to still have the same standard of living. To operate the Newton Falls, OH 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)
If you want to find a good determining factor for the cost of living and the general affordability of housing in Newton Falls, OH, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Newton Falls, OH, the median monthly income is $50,759 for those who own their own homes. Under the standard rule, that income level would allow for $1,184 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $29,800, per the median income in the area. That would allow for renters to spend up to $695 on monthly rental expenses.

Ohio Sales Tax

StateGeneral Sales TaxWith Max Surtax

Ohio Income Tax

StateIncome Tax (Low)Income Tax (High)
For those who live in Newton Falls, OH and want to know what the true cost of living is, they ought to look at both the Ohio income tax rate and the Ohio sales tax rate. By sales tax, we mean the taxes that are included whenever a person is purchasing any goods or services. The amount that is taxed depends upon the particular state, where some states have a sales tax of zero percent while others can have a tax higher than seven percent. In Ohio, the sales tax is 5.75%, while the most you'll pay in surtax is 8%. There is also income tax to consider, which is based upon the amount of money made in a year. Just like sales tax, income tax depends upon the particular state but also depends upon what tax bracket the person is in. Income tax for the state can be higher than nine percent in some states to zero percent in others. For those that live in Ohio, the income tax rate ranges between 0.528% to 5.333%.

Goods & Services

ItemNewton FallsNational avg.Difference
Haircut $14.27$15.568.3%
Beauty Salon $32.93$36.118.8%
Toothpaste $2.86$2.4715.8%
Shampoo $1.05$0.968.8%
Movie $10.60$10.134.7%
Bowling $3.51$4.7425.8%


ItemNewton FallsNational avg.Difference
Ground Beef $3.89$3.982.4%
Fried Chicken $1.94$1.4138.1%
Milk $2.80$2.0635.7%
Potatoes $3.99$2.9833.8%
Pizza $8.99$9.475.1%
Beer $7.99$8.799.1%

Health Care

ItemNewton FallsNational avg.Difference
Optometrist $72.82$101.0427.9%
Doctor $83.27$107.4422.5%
Dentist $73.07$90.4219.2%
Ibuprofen $11.27$9.2821.5%
Lipitor $442.27$426.503.7%


ItemNewton FallsNational avg.Difference
Home Price $89,700.00$175,700.0048.9%
Avg. Mortgage Payment $1,414.65$1,133.2324.8%
Apartment Rent $596.00$920.0035.2%


ItemNewton FallsNational avg.Difference
Gasoline $2.12$1.996.2%
Tire Balancing $42.96$45.766.1%


ItemNewton FallsNational avg.Difference
All Electricity$147.80$163.819.8%
Phone $29.99$28.395.6%
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.
Hilltop, OH32581-19%
Warren, OH40,92581-19%
Leavittsburg, OH1,62582-18%
Niles, OH19,02883-17%
Girard, OH9,79984-16%
Newton Falls, OH4,74084-16%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Higginsville, MO4,74086-14%
Smith Mills, MA4,74111616%
Canastota, NY4,74191-9%
Boulder Creek, CA4,74115454%
Flower Hill, NY4,741245145%
Newton Falls, OH4,74084-16%
Source: The Newton Falls, OH cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.