Newton 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.
IndexNewtonIllinoisNational
Cost of living index8599100
IndexNewtonIllinoisNational
Goods & Services index10798100
Groceries index9699100
Health care index109101100
Housing index4899100
Transportation index9297100
Utilities index97101100

Did you know?

  • The cost of living in Newton is 14% lower than the Illinois average.
  • The cost of living in Newton is 15% lower than the national average.
  • The cost of housing in Newton is 52% lower than the national average.
  • Illinois general sales tax is 23% higher than the national average.
  • Illinois state income tax is 69% higher than the national average.

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$50,417$4,201$1,176$1,513
Renters$23,173$1,931$541$695

Illinois Sales Tax

StateGeneral Sales TaxWith Max Surtax
Illinois6.25%9.75%

Illinois Income Tax

StateIncome Tax (Low)Income Tax (High)
Illinois3.75%3.75%

Goods & Services

ItemNewtonNational avg.Difference
Haircut $10.25$14.5929.8%
Beauty Salon $27.60$34.6820.4%
Toothpaste $3.20$2.4729.4%
Shampoo $0.79$1.0222.7%
Movie $10.25$9.873.9%
Bowling $3.13$4.3928.7%

Groceries

ItemNewtonNational avg.Difference
Ground Beef $5.23$4.4816.8%
Fried Chicken $1.17$1.4620.1%
Milk $2.11$2.3610.5%
Potatoes $3.28$3.067.1%
Pizza $8.99$9.242.7%
Beer $8.02$8.637.1%

Health Care

ItemNewtonNational avg.Difference
Optometrist $124.50$99.7824.8%
Doctor $102.40$105.032.5%
Dentist $116.00$88.7030.8%
Ibuprofen $9.05$9.413.8%
Lipitor $269.50$298.509.7%

Housing

ItemNewtonNational avg.Difference
Home Price $75,200.00$175,700.0057.2%
Avg. Mortgage Payment $912.05$1,081.0315.6%
Apartment Rent $542.00$920.0041.1%

Transportation

ItemNewtonNational avg.Difference
Gasoline $1.84$2.0911.9%
Tire Balancing $45.76$45.291.0%

Utilities

ItemNewtonNational avg.Difference
All Electricity$155.79$170.808.8%
Phone $29.95$28.266.0%
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.
Hidalgo, IL8878-22%
Yale, IL7478-22%
Wheeler, IL9779-21%
Rose Hill, IL6982-18%
Ste. Marie, IL25782-18%
Newton, IL2,87285-15%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Watertown, FL2,87187-13%
Whetstone, AZ2,87189-11%
Winner, SD2,87182-18%
Rising Sun, MD2,8701099%
Fairview CDP, PA2,87086-14%
Newton, IL2,87285-15%
Source: The Newton, IL cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.