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Erwin, NC vs Newton, NC

77
Erwin
North Carolina
VS
+1.9%
76
Newton
North Carolina

Erwin, NC and Newton, NC have a very similar cost of living, with only a 1.9% difference in their overall index. Erwin scores 77 while Newton scores 76 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 Erwin is $1,085/month compared to $1,016/month in Newton — a 7% difference. Interestingly, home values tell a different story: while Newton has cheaper rent, Erwin actually has lower median home values ($150,400 vs $169,300).

Median household income in Erwin is $50,077 compared to $56,869 in Newton (-11.9%). Newton offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Erwin spend roughly 26% of their income on rent, more than the 21.4% in Newton.

Income & Cost

Cost of Living Index
Erwin
77
Newton
76
2% cheaper
Median Household Income
Erwin
$50,077
Newton
$56,869
12% higher

Housing

Median Rent
Erwin
$1,085
Newton
$1,016
6% cheaper
Median Home Value
Erwin
$150,400
11% cheaper
Newton
$169,300
Population
Erwin
4,617
Newton
13,223

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Erwin $2.97
Newton $2.97
US $3.07
🥚
Eggs (grade A, large)
Erwin $2.42
Newton $2.42
US $2.50
🥛
Milk (whole)
Erwin $3.90
Newton $3.90
US $4.03
🍞
Bread (white)
Erwin $1.79
Newton $1.79
US $1.85
🍗
Chicken breast
Erwin $4.01
Newton $4.01
US $4.14
Electricity
Erwin $0.16
Newton $0.16
US $0.19