Goldsboro, NC vs Newton, NC
Goldsboro, NC and Newton, NC have a very similar cost of living, with only a 1.7% difference in their overall index. Goldsboro scores 75 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 Goldsboro is $956/month compared to $1,016/month in Newton — a 6% difference. Interestingly, home values tell a different story: while Goldsboro has cheaper rent, Newton actually has lower median home values ($169,300 vs $173,700).
Median household income in Goldsboro is $47,005 compared to $56,869 in Newton (-17.3%). 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 Goldsboro spend roughly 24.4% of their income on rent, more than the 21.4% in Newton.
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