States › New Jersey › Newton

Is Newton, NJ expensive to live in?

ExpensiveRent takes 30 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,07218% higher than U.S. average
💵 Families earn per year (2026)$82,204about $6,850/month · 6% lower than U.S. average
🔑 House price$302,7009% lower than U.S. average

Rent is higher than in 72% of U.S. cities. A typical house costs about 3.7 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $82,880 a year. That is $40 an hour at a full-time job.

Is rent cheaper than other New Jersey cities?

Yes. Rent here is cheaper than in most of New Jersey. It is number 110 of 291 cities from cheapest to most expensive.

Newton
$2,072
Raritan
$2,713
Twin Rivers
$1,934
Runnemede
$2,016
Kenilworth
$2,232
Upper Saddle River
$3,500+
Northfield
$2,025

How much do households earn in Newton?

Under $25k
13.9%
$25k–50k
16.2%
$50k–100k
29.8%
$100k–150k
21.4%
$150k+
12.9%

Share of households by yearly income. 34.3% of households earn $100,000 or more.

Rent by apartment size in Newton

SizeNewtonU.S. average
1 bedroom$1,476$1,324
2 bedrooms$1,784$1,509
4 bedrooms$1,622$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Newton overall?

Everyday prices in New Jersey overall are 9% above the U.S. average (index 108.8, U.S. = 100).

Housing
134
Goods (food, clothes…)
107
Utilities
114
Other services
104
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Newton, so the New Jersey figure is shown.

Taxes and bills in Newton

🏛️ Property tax$9,187a year · 3.04% of home value · U.S. $3,119
⚡ Electric bill$119a month (typical) · U.S. $156

Life in Newton

Commute to work25.6 minU.S.: 26.4 min
College degree30.5%U.S.: 35.7%
Own their home59.3%U.S.: 65.2%
Below poverty line15.1%U.S.: 12.5%
Unemployment9.9%U.S.: 5.2%

Is it cheaper to rent or buy in Newton?

About the same. Renting and owning cost within $28 of each other each month.

Renting
$2,072
Owning
$2,100

Owning assumes a typical $302,700 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $30,270 for the down payment.

Frequently asked questions

What is the average rent in Newton, NJ?

Renting in Newton costs a median of about $2,072 a month in 2026, including utilities. The New Jersey median is $2,240.

How much do I need to make to live in Newton?

To keep rent under 30% of income, you need about $82,880 a year, or $40 an hour at a full-time job.

Is Newton cheap or expensive?

Newton is rated Expensive: rent takes 30.2% of the typical household income of $82,204. It ranks 110th cheapest of 291 New Jersey cities we track.

How much are property taxes in Newton?

The median homeowner in Newton pays $9,187 a year in property taxes, about 3.04% of the median home value.

Is Newton more expensive than the national average?

Overall prices in New Jersey are 9% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Newton?

The median home value in Newton is $302,700, about 3.7 times the typical yearly household income.

8,369 people live in Newton. Numbers are typical (middle) values.