Newton, Massachusetts has an overall cost of living index of 110.4, which is 10.4 points above the US average of 100 — making it pricier than most American cities. Renters pay a median of $2,370 per month, while the typical home is valued around $1,264,900. Households earn a median of $190,304 per year, leaving rent at a manageable share of income for many residents. Below: housing costs, local wages by occupation, neighborhoods, climate, jobs and major industries, and healthcare access — all drawn from US Census, BEA, BLS, HUD, EPA, and NOAA data.
$190,304
Median Income / yr
Census ACS
$2,370
Median Rent / mo
Census ACS
$1,264,900
Median Home Value
Census ACS
110.4
Cost of Living Index
1BR Fair Market Rent
N/A
HUD · FY2024
2BR Fair Market Rent
N/A
HUD · FY2024
3BR Fair Market Rent
N/A
HUD · FY2024
Fair Market Rent is the 40th percentile of gross rents in the metro area · HUD FY2024
Each category indexed to the US average of 100. Below 100 = cheaper than average.
Overall
110.4
Goods
100.8
Rents / Housing
148.2
Services
172.2
Source: BEA Regional Price Parities (metro-level)
| Occupation | Median Annual Wage |
|---|---|
| Software Developer | $154,840 |
| Registered Nurse | $115,710 |
| Elementary Teacher | $85,910 |
| Electrician | $83,410 |
| Accountant | $103,570 |
| Plumber | $89,040 |
| Nurse Practitioner | $217,910 |
| Civil Engineer | $116,860 |
| Operations Manager | $163,750 |
| Market Research Analyst | $100,900 |
| Health Services Manager | $165,730 |
| Truck Driver | $60,540 |
| Physician Assistant | N/A |
| Surgeon | N/A |
| Data Scientist | N/A |
| Computer Engineer | $175,380 |
Source: BLS OEWS 2023 (metro-level data)
Population
89,044
Latest estimate
Median Age
42.1 yrs
Census ACS
AQI data not available
Source: EPA AirNow
Total Neighborhoods
11
Tracked in our database
Avg Walk Score
N/A
0–100 scale
Avg Median Rent
$2,294
Per month
Avg Home Value
$1,105,873
Census ACS
| Neighborhood | Walk Score | Median Rent | Home Value |
|---|---|---|---|
| ZIP 02458 | — | $2,084 | $971,700 |
| ZIP 02459 | — | $2,338 | $1,330,900 |
| ZIP 02460 | — | $2,262 | $1,051,100 |
| ZIP 02461 | — | $2,930 | $1,079,000 |
| ZIP 02462 | — | $1,533 | $1,217,200 |
| ZIP 02464 | — | $2,543 | $824,300 |
| ZIP 02465 | — | $2,211 | $1,031,400 |
| ZIP 02466 | — | $2,014 | $1,094,500 |
| ZIP 02467 | — | $2,846 | $1,183,400 |
| ZIP 02468 | — | — | $1,659,100 |
Showing top 10 of 11 tracked neighborhoods.
January Avg
27°F
July Avg
73°F
Sunny Days / Year
235
Annual Snowfall
—
Climate category: Continental · Source: NOAA/NCEI 30-year normals.
Healthcare Score
33.2
poor
Hospitals
1
Doctors per 1,000
1.00
Insurance Coverage
98.7%
Newton has a Regional Price Parity (RPP) index of 110.4. The US national average is 100, so Newton is 10.4 points above the national average.
The median gross rent in Newton is $2,370 per month according to US Census ACS data.
The median household income in Newton is $190,304 per year.
The median home value in Newton is $1,264,900 based on the latest Census ACS survey.
Air quality data for Newton is not yet available.
Tax data for Massachusetts is not yet available.
Data last updated: June 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology
