Carthage, TX vs Newton, TX

Carthage, TX and Newton, TX have a very similar cost of living, with only a 4.8% difference in their overall index. Carthage scores 68 while Newton scores 72 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Carthage is $737/month compared to $1,005/month in Newton — a 27% difference. Interestingly, home values tell a different story: while Carthage has cheaper rent, Newton actually has lower median home values ($95,800 vs $153,100).

Median household income in Carthage is $44,738 compared to $51,563 in Newton (-13.2%). While Newton is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Carthage spend roughly 19.8% of their income on rent, less than the 23.4% in Newton.