New Castle, IN Cost Of Living
New Castle's Overall Cost Of Living
Lower Than The National Average
In Indiana
In America
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.
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 | |
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.
Median Home Value
Median Rent
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
/10
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 |
