Cost of Living in Newton, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
136.0
100 = national avg
+36.0 vs national average
Living Wage (1 Adult)
$59,857
per year
Living Wage (Family of 4)
$141,479
per year
Cost Index by Category
Housing182.2
Food106.3
Transportation112.6
Healthcare105.1
Utilities120.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,822
per month
2 Bedroom
$2,205
per month
The overall cost of living index in Newton is 136.0, which is 36.0% above the national average. Housing costs are above the national average at an index of 182.2. A single adult needs to earn approximately $59,857 per year to cover basic expenses.