Cost of Living in Newton Hamilton, PA
Population: 248 | Pennsylvania
Newton Hamilton is 28% less expensive than the national average.
Cost of Living in Newton Hamilton, PA: What You Need to Know
With a cost of living index of 72, Newton Hamilton, PA is one of the most affordable cities in the country. Living here is 28% cheaper than the national average and 11% below the Pennsylvania state average of 83. Newton Hamilton is a small community of 248 residents.
Housing costs are the biggest factor in Newton Hamilton's cost of living. The median monthly rent is $1,100 (17% below the US median of $1,319), and the median home value sits at $67,000 (78% below the national median of $304,900). At current prices, the median home costs roughly 1x the median household income — well within traditional affordability guidelines.
The median household income in Newton Hamilton is $69,583, which is 7% lower than the national median of $75,149. Residents spend roughly 19% 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.
Income
- Median Household Income
- $69,583
- vs US Median ($75,149)
- -7%
Housing
- Median Rent
- $1,100/mo
- Median Home Value
- $67,000
- Median Monthly Housing Cost
- $850/mo