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.
Cost of living index190130100
Goods & Services index127111100
Groceries index108113100
Health care index124111100
Housing index339167100
Transportation index116117100
Utilities index156126100
An overview of the general cost of living index for Newton, MA is displayed above for your reference. Residents in Newton, MA enjoy a cost of living index of 190. This index is 46% higher than the Massachusetts average, and 90% higher 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, MA, the average cost of goods and services is 15% higher than it is in Massachusetts, and it is 27% higher than the national average.

Did you know?

  • The cost of living in Newton is 46% higher than the Massachusetts average.
  • The cost of living in Newton is 90% higher than the national average.
  • The cost of housing in Newton is 239% higher than the national average.
  • Massachusetts general sales tax is 23% higher than the national average.
  • Massachusetts state income tax is 132% higher than the national average.

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Compare Newton, MA 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
The salary calculator is used in order to provide a comparison of your current salary in Newton, MA to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to Newton, MA, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Newton, MA salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Newton, MA, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In Newton, MA homeowners have a median income of $152,823. Using that number, you will come up with a maximum of $3,566 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $63,994, which means there is a maximum of $1,493 to be spent on the costs of renting a home or apartment.

Massachusetts Sales Tax

StateGeneral Sales TaxWith Max Surtax

Massachusetts Income Tax

StateIncome Tax (Low)Income Tax (High)
When you are determining the total cost of living in Newton, MA you will want to make sure you consider both the Massachusetts sales tax and the Massachusetts 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 Massachusetts is 6.25%, with the highest surtax being 6.25%. 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 Massachusetts have a range from 5.15% to 5.15%.

Goods & Services

ItemNewtonNational avg.Difference
Haircut $19.67$14.5934.8%
Beauty Salon $54.00$34.6855.7%
Toothpaste $2.54$2.472.7%
Shampoo $1.00$1.022.2%
Movie $11.69$9.8718.5%
Bowling $5.75$4.3930.9%


ItemNewtonNational avg.Difference
Ground Beef $4.49$4.480.3%
Fried Chicken $1.67$1.4614.1%
Milk $2.29$2.362.8%
Potatoes $3.29$3.067.5%
Pizza $10.00$9.248.2%
Beer $8.99$8.634.1%

Health Care

ItemNewtonNational avg.Difference
Optometrist $113.50$99.7813.8%
Doctor $151.00$105.0343.8%
Dentist $115.00$88.7029.6%
Ibuprofen $9.74$9.413.5%
Lipitor $310.83$298.504.1%


ItemNewtonNational avg.Difference
Home Price $715,000.00$175,700.00306.9%
Avg. Mortgage Payment $1,761.00$1,081.0362.9%
Apartment Rent $1,672.00$920.0081.7%


ItemNewtonNational avg.Difference
Gasoline $2.35$2.0912.3%
Tire Balancing $57.29$45.2926.5%


ItemNewtonNational avg.Difference
All Electricity$292.18$170.8071.1%
Phone $38.25$28.2635.4%
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.
Southfield, MA01033%
Lynn, MA91,28912828%
Chelsea, MA37,08413131%
Randolph, MA33,13513232%
Holbrook, MA10,92513333%
Newton, MA86,94519090%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Nashua, NH86,79912020%
San Tan Valley, AZ86,74393-7%
San Leandro, CA87,15914040%
Fort Smith, AR87,19385-15%
Norwalk, CT87,21414747%
Newton, MA86,94519090%
Source: The Newton, MA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.