Cost Of Living in Newtown, IN

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15%

Overall NAT. AVG.

4%

Groceries NAT. AVG.

40%

Housing NAT. AVG.

Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.

The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index	Newtown	Indiana	National
Cost of living	85	89	100
Groceries	96	97	100
Health care	97	97	100
Housing	60	72	100
Transportation	96	96	100
Utilities	95	96	100
Lifestyle & Entertainment	98	95	100
Household Items	96	98	100
Education & Childcare	93	94	100

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Homes For Sale In Newtown, IN

301 East ST

Newtown, IN

Cost Of Living Quick Facts

The cost of living in Newtown is 4% lower than the Indiana average
The cost of living in Newtown is 15% lower than the national average
Newtown housing is 40% lower than the national average
Indiana general sales tax is 37% higher than the national average
Indiana state income tax is 21% higher than the national average

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Price difference in compared to

Cost of living index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Lifestyle index
Household index
Educare index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$106,391	$8,866	$2,482	$3,192
Renters	$52,607	$4,384	$1,227	$1,578

Indiana Sales Tax

State	General Sales Tax	With Max Surtax
Indiana	7%	7%

Indiana Income Tax

State	Income Tax (Low)	Income Tax (High)
Indiana	3.15%	3.15%

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
West Point, IN	101	96	4.2%
Wallace, IN	103	79	20.5%
Wingate, IN	321	78	22.2%
Mellott, IN	161	81	18.9%
New Richmond, IN	467	82	18.3%
Newtown, IN	314	85	14.8%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Twain, CA	314	118	18.1%
Spring Ridge, FL	314	105	5.3%
Iron City, GA	314	81	18.9%
Bush, IL	314	79	21.1%
Idaville, IN	314	82	17.8%
Newtown, IN	314	85	14.8%