Housing costs in Newton?
A typical home costs
$212,000, which is 37.3% less expensive than the national average of
$338,100 and 0.9% less expensive than the average Alabama home, at
$214,000. Renting a two-bedroom unit in Newton costs
$720 per month, which is 49.7% cheaper than the national average of
$1,430 and 30.6% cheaper than the state average of
$940.
Can I afford Newton?
To live comfortably in Newton, Alabama, a minimum annual income of
$40,680 for a family, and
$24,400 for a single person is recommended.
What does A.I. say about Newton?
The cost of living in Newton, AL is very reasonable. The median home cost is around $95,000 and the average rent for a two-bedroom apartment is close to $700 per month. Additionally, utilities are relatively low and the overall cost of goods and services is below the U.S. average. This makes it an ideal place to live for those looking for an affordable option with plenty of amenities nearby.