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Newton Grove, NC vs Severn, NC

77
Newton Grove
North Carolina
VS
+14.6%
67
Severn
North Carolina

Severn is moderately more affordable than Newton Grove, with a 14.6% lower cost of living index. Newton Grove scores 77 compared to 67 for Severn, where the US average is 100. This difference means residents of Newton Grove can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Newton Grove is $969/month compared to $783/month in Severn — a 24% difference. Home values follow the same pattern: Severn is more affordable at $122,900 median vs $155,000.

Median household income in Newton Grove is $68,750 compared to $52,188 in Severn (+31.7%). While Newton Grove is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Newton Grove spend roughly 16.9% of their income on rent, less than the 18% in Severn.

Income & Cost

Cost of Living Index
Newton Grove
77
Severn
67
13% cheaper
Median Household Income
Newton Grove
$68,750
24% higher
Severn
$52,188

Housing

Median Rent
Newton Grove
$969
Severn
$783
19% cheaper
Median Home Value
Newton Grove
$155,000
Severn
$122,900
21% cheaper
Population
Newton Grove
574
Severn
195

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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