New Castle, IN Cost Of Living

Demographics | Cost Of Living
Updated: 2022-04-07
76
New Castle's Overall Cost Of Living
0.8x
Lower Than The National Average
4 out of 124
In Indiana
54 out of 6,412
In America
The cost of living index is set to 100 for the average place in America. An index above 100 means New Castle is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in New Castle, IN?

According to the most recent data on the cost of living, New Castle has an overall cost of living index of 76 which is 0.8x lower than the national index of 100.

Compared to only Indiana, New Castle has a cost of living index that's 0.9x lower than Indiana's index of 86.

The standard of living in New Castle ranks as #54 most affordable out of the 6,418 places we measured in Indiana. By definition, that implies New Castle ranks as the #6,365 most expensive place in the Hoosier State.

For more reading on life in New Castle, check out:

New Castle Cost Of Living Vs. Indiana

Living Expense New Castle Indiana National Average
Overall 76 86 100
Services 82 93 100
Groceries 89 93 100
Health 77 94 100
Housing 47 74 100
Transportation 98 95 100
Utilities 90 96 100
For more reading on cost of living around Indiana, check out:
New Castle Cost of Living Vs. IN

New Castle, IN Housing Cost Breakdown

Housing swings affordability the most between places in Indiana, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

$75,300
Median Home Value
$690
Median Rent
$42,803
Median Income
Statistic New Castle Indiana United States
Median Home Value $75,300 $148,900 $229,800
Median Rent $690 $844 $1,096
Median Income $42,803 $58,235 $64,994
Home Value To Income 1.8x 2.6x 3.5x
Rent To Monthly Income 0.19x 0.17x 0.2x

Detailed New Castle Services Costs Vs. Indiana

Item New Castle Indiana
Shampoo $0.92 $1.06
Movie $5.99 $10.68
Bowling $11.0 $14.67

Detailed New Castle Groceries Costs Vs. Indiana

Item New Castle Indiana
Ground Beef $4.13 $4.22
Fried Chicken $1.12 $1.39
Milk $1.63 $2.05

Detailed New Castle Health Costs Vs. Indiana

Item New Castle Indiana
Haircut $16.0 $18.62
Beauty Salon $25.0 $39.05
Toothpaste $1.93 $2.34

Detailed New Castle Transportation Costs Vs. Indiana

Item New Castle Indiana
Potatoes $2.52 $3.29
Pizza $9.66 $10.62
Beer $8.54 $9.38
Optometrist $52.78 $108.57
Doctor $76.5 $116.17
Dentist $70.0 $99.13

Detailed New Castle Utilities Costs Vs. Indiana

Item New Castle Indiana
Gasoline $2.24 $2.22
Tire Balancing $48.28 $50.07
All Electricity $136.63 $167.67
Phone $184.27 $175.64

New Castle SnackAbility

5
/10
Overall SnackAbility
Jobs
6/10
Housing
4
Affordability
8.5
Diversity
5
Safety
N/A
Amenities
9
Education
6
Commute
8.5

Cost Of Living In Cities Around New Castle

City Population Cost Of Living Vs. New Castle
Carmel, IN 99,130 114 1.5x
Noblesville, IN 64,430 98 1.3x
Westfield, IN 41,652 103 1.4x
Zionsville, IN 28,035 118 1.6x
Oxford, OH 23,192 88 1.2x
Greenville, OH 12,743 77 1.0x
Middletown, KY 7,885 103 1.4x
Union, OH 6,777 89 1.2x
Union, KY 5,988 112 1.5x

Articles About Indiana

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