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.
Median Household Income
$190,304
Annual · Census ACS
Median Gross Rent
$2,370
Per month · Census ACS
Median Home Value
$1,264,900
Census ACS
Cost of Living Index
110.4
BEA RPP · US avg = 100
1BR Fair Market Rent
N/A
HUD FMR
2BR Fair Market Rent
N/A
HUD FMR
3BR Fair Market Rent
N/A
HUD FMR
HUD Fair Market Rent = 40th percentile gross rent · FY2024
Each category is 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%
What is the cost of living index for Newton?
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.
What is the median rent in Newton?
The median gross rent in Newton is $2,370 per month according to US Census ACS data.
What is the median household income in Newton?
The median household income in Newton is $190,304 per year.
What is the median home value in Newton?
The median home value in Newton is $1,264,900 based on the latest Census ACS survey.
How is the air quality in Newton?
Air quality data for Newton is not yet available.
What are the taxes like in Newton?
Tax data for Massachusetts is not yet available.
Data last updated: December 1, 2026 · Sources: US Census ACS, BEA RPP, BLS OEWS, HUD FMR, EPA AirNow, Tax Foundation · Methodology