Newtown CDP, Pennsylvania Cost Of Living

Buy Rent

B-

Overall 8%

Goods & Services 5%

Housing 48%

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Newtown CDP	Pennsylvania	National
Cost of living	92	100	100
Goods & Services	105	102	100
Groceries	117	105	100
Health care	99	98	100
Housing	52	91	100
Transportation	113	105	100
Utilities	110	106	100

Key findings

The cost of living in Newtown CDP is 8% lower than the Pennsylvania average
The cost of living in Newtown CDP is 8% lower than the national average
Newtown CDP housing is 48% lower than the national average
Pennsylvania general sales tax is 18% higher than the national average
Pennsylvania state income tax is 24% higher than the national average

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$62,500	$5,208	$1,458	$1,875
Renters	$18,472	$1,539	$431	$554

Pennsylvania Sales Tax

State	General Sales Tax	With Max Surtax
Pennsylvania	6%	8%

Pennsylvania Income Tax

State	Income Tax (Low)	Income Tax (High)
Pennsylvania	3.07%	3.07%

Goods & Services

Item	Newtown CDP	National avg.	Difference
Haircut	$20.33	$20.27	0.3%
Beauty Salon	$61.70	$40.39	52.7%
Toothpaste	$2.35	$2.36	0.5%
Shampoo	$1.07	$1.08	0.9%
Movie	$12.08	$10.99	9.9%
Bowling	$19.22	$15.49	24.1%

Groceries

Item	Newtown CDP	National avg.	Difference
Ground Beef	$4.33	$4.30	0.7%
Fried Chicken	$1.69	$1.40	20.5%
Milk	$2.15	$2.20	2.2%
Potatoes	$3.21	$3.22	0.2%
Pizza	$10.86	$10.74	1.1%
Beer	$9.16	$9.60	4.6%

Health Care

Item	Newtown CDP	National avg.	Difference
Optometrist	$114.00	$109.73	3.9%
Doctor	$135.61	$118.34	14.6%
Dentist	$96.25	$100.94	4.6%
Ibuprofen	$9.95	$9.93	0.2%
Lipitor	$391.58	$469.53	16.6%

Housing

Item	Newtown CDP	National avg.	Difference
Home Price	$95,600.00	$184,700.00	48.2%
Avg. Mortgage Payment	$1,321.24	$1,229.62	7.5%
Apartment Rent	$507.00	$949.00	46.6%

Transportation

Item	Newtown CDP	National avg.	Difference
Gasoline	$2.95	$2.71	8.9%
Tire Balancing	$62.28	$51.86	20.1%

Utilities

Item	Newtown CDP	National avg.	Difference
All Electricity	$196.35	$170.84	14.9%
Phone	$195.45	$187.18	4.4%

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	Population	Cost of Living Index	National Avg.
Arcadia University, PA	647	109	8.9%
Trenton, NJ	84,559	95	4.6%
Morrisville CDP, PA	862	98	2.2%
Beverly, NJ	2,538	103	2.8%
Burlington, NJ	9,850	103	3.2%
Newtown CDP, PA	250	92	8.1%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Andersonville, GA	250	83	16.7%
Cumberland, IA	250	78	22.1%
Prescott, IA	250	74	26.3%
Stockport, IA	250	77	22.5%
Grand Cane, LA	250	95	5.0%
Newtown CDP, PA	250	92	8.1%

Source: This data reflects 2021 and was released from C2ER in January, 2022; this is the most current data available.