Newtown Grant, Pennsylvania Cost Of Living

Buy Rent

F

32%

Overall NAT. AVG.

5%

Goods & Services NAT. AVG.

86%

Housing NAT. AVG.

Search Homes for Sale

Date & Last Updated: This data reflects 2022 and was released from C2ER in January, 2022; this is the most current data available.

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 Grant	Pennsylvania	National
Cost of living	132	100	100
Goods & Services	105	102	100
Groceries	117	105	100
Health care	99	98	100
Housing	186	91	100
Transportation	113	105	100
Utilities	110	106	100

New Real Estate Listings In/Near Newtown Grant

For Sale For Rent

Search

Search Homes for Sale in Newtown Grant, PA

Key findings

The cost of living in Newtown Grant is 32% higher than the Pennsylvania average
The cost of living in Newtown Grant is 32% higher than the national average
Newtown Grant housing is 86% higher 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

Most Affordable Places to Live in and Around Newtown Grant

See all the best places to live around Newtown Grant

Compare Newtown Grant, PA Cost of Living

Write a review to give others more information about this area.

See all Newtown Grant poll results

The best places in Pennsylvania

Here are the best places to live in Pennsylvania

These are the 10 most affordable cities in Pennsylvania

10 Best cities in Pennsylvania for employment

10 best cities to buy a new house in Pennsylvania

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

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$107,917	$8,993	$2,518	$3,238
Renters	$90,500	$7,542	$2,112	$2,715

The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Newtown Grant, PA, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Newtown Grant homeowners, is $107,917. This would allow for a maximum of $2,518 per month to be spent on housing costs. For renters, the median monthly income is $90,500 which would result in a maximum of $2,112 to be spent on rental costs.

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 Grant	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 Grant	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 Grant	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 Grant	National avg.	Difference
Home Price	$349,100.00	$184,700.00	89.0%
Avg. Mortgage Payment	$1,321.24	$1,229.62	7.5%
Apartment Rent	$1,686.00	$949.00	77.7%

Transportation

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

Utilities

Item	Newtown Grant	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%
Newtown CDP, PA	250	92	8.1%
Trenton, NJ	84,559	95	4.6%
Morrisville CDP, PA	862	98	2.2%
Beverly, NJ	2,538	103	2.8%
Newtown Grant, PA	3,777	132	31.9%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Channel-Port aux Basques, NL	3,776	n/a
Vista Santa Rosa, CA	3,775	113	13.0%
Edgewood, NM	3,775	96	3.9%
Lake Providence, LA	3,779	74	25.6%
Angels, CA	3,774	116	16.2%
Newtown Grant, PA	3,777	132	31.9%

Date & Last Updated: This data reflects 2022 and was released from C2ER in January, 2022; this is the most current data available.