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Annawan, IL vs Newton, IL

59
Annawan
Illinois
VS
-7.9%
64
Newton
Illinois

Annawan is moderately more affordable than Newton, with a 7.9% lower cost of living index. Annawan scores 59 compared to 64 for Newton, where the US average is 100. This difference means residents of Newton can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Annawan is $550/month compared to $745/month in Newton — a 26% difference. Interestingly, home values tell a different story: while Annawan has cheaper rent, Newton actually has lower median home values ($98,900 vs $138,200).

Median household income in Annawan is $71,250 compared to $58,564 in Newton (+21.7%). Annawan offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Annawan spend roughly 9.3% of their income on rent, less than the 15.3% in Newton.

Income & Cost

Cost of Living Index
Annawan
59
8% cheaper
Newton
64
Median Household Income
Annawan
$71,250
18% higher
Newton
$58,564

Housing

Median Rent
Annawan
$550
26% cheaper
Newton
$745
Median Home Value
Annawan
$138,200
Newton
$98,900
28% cheaper
Population
Annawan
955
Newton
2,852

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Annawan $2.95
Newton
US $3.07
🥚
Eggs (grade A, large)
Annawan $2.41
Newton
US $2.50
🥛
Milk (whole)
Annawan $3.88
Newton
US $4.03
🍞
Bread (white)
Annawan $1.78
Newton
US $1.85
🍗
Chicken breast
Annawan $3.99
Newton
US $4.14
Electricity
Annawan $0.18
Newton
US $0.19