Cost of Living in Newton, GA

With a cost of living index of 57, Newton, GA is one of the most affordable cities in the country. Living here is 43% cheaper than the national average and 25% below the Georgia state average of 82. Newton is a small community of 489 residents.

Housing costs are the biggest factor in Newton's cost of living. The median monthly rent is $483 (63% below the US median of $1,319), and the median home value sits at $109,000 (64% below the national median of $304,900). At current prices, the median home costs roughly 3.5x the median household income — a moderately affordable ratio by today's standards.

The median household income in Newton is $31,538, which is 58% lower than the national median of $75,149. Residents spend roughly 18% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.