Cost of Living in Newton, MA
Population: 88,504 • 2026 Data
$184,989
Median Household Income
+139% vs national
$2,388
Median Monthly Rent
+77% vs national
$1,202,500
Median Home Value
+255% vs national
3.3%
Unemployment Rate
Housing in Newton
The median home value in Newton, MA is $1,202,500. Monthly rent for a typical unit averages $2,388, while total monthly housing costs (including utilities and insurance) average $2,861.
Rent-to-income ratio: 15.5%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Newton, MA is $184,989. The unemployment rate stands at 3.3%, with a labor force of 47,810 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.