Newcastle, WA Cost Of Living
Cost Of Living In Newcastle, WA Summary
Cost of living in Newcastle research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Newcastle is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Washington, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Newcastle is 186, with 100 being the average.
The cost of living index in Newcastle is 1.9x higher than the national average.
Newcastle ranks as the #186 cheapest in Washington out of 192.
Newcastle ranks as the #6,239 cheapest out of 6,489 in the US.
The median home value in Newcastle is $1,371,794.
The median income in Newcastle is $162,646.
Table Of Contents
Newcastle's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Newcastle, WA?
According to the most recent data on the cost of living, Newcastle has an overall cost of living index of 186, which is 1.9x higher than the national index of 100.
Compared to Washington, Newcastle has a cost of living index that's 1.6x higher than Washington's index of 118.
The standard of living in Newcastle ranks as #186 most affordable out of the 192 places we measured in Washington. By definition, that implies Newcastle ranks as the #6 most expensive place in the Evergreen State.
For more reading on life in Newcastle, check out:
In Washington
In America
Newcastle Cost Of Living Vs. Washington
Six factors go into calculating the cost of living index in Newcastle. Here is how it fairs on each of the criteria:
The Services index in Newcastle is 111.
The Groceries index in Newcastle is 118.
The Health index in Newcastle is 117.
The Housing index in Newcastle is 356.
The Transportation index in Newcastle is 126.
The Utilities index in Newcastle is 96.
| Living Expense | Newcastle | Washington | National Average | |
|---|---|---|---|---|
| Overall | 186 | 118 | 100 | |
| Services | 111 | 111 | 100 | |
| Groceries | 118 | 112 | 100 | |
| Health | 117 | 122 | 100 | |
| Housing | 356 | 135 | 100 | |
| Transportation | 126 | 124 | 100 | |
| Utilities | 96 | 91 | 100 | |
Newcastle, WA Housing Cost Breakdown
Housing swings affordability the most between places in Washington, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Newcastle is $1,371,794.
The Median Rent in Newcastle is $2,314.
The Median Income in Newcastle is $162,646.
The Home Value To Income in Newcastle is 8.4x.
The Rent To Monthly Income in Newcastle is 0.17x.
| Statistic | Newcastle | Washington | United States |
|---|---|---|---|
| Median Home Value | $1,371,794 | $595,737 | $303,400 |
| Median Rent | $2,314 | $1,682 | $1,348 |
| Median Income | $162,646 | $94,952 | $78,538 |
| Home Value To Income | 8.4x | 6.3x | 3.9x |
| Rent To Monthly Income | 0.17x | 0.21x | 0.21x |
Median Home Value
Median Rent
Median Income
Newcastle, WA Costs By Category
Detailed Newcastle Services Costs Vs. Washington
| Item | Newcastle | Washington |
|---|---|---|
| Shampoo | $1.24 | $1.28 |
| Movie | $11.87 | $12.13 |
| Bowling | $17.56 | $18 |
| Haircut | $32.12 | $24.26 |
| Beauty Salon | $43.48 | $45.56 |
Detailed Newcastle Groceries Costs Vs. Washington
| Item | Newcastle | Washington |
|---|---|---|
| Ground Beef | $5.66 | $5.84 |
| Fried Chicken | $2.78 | $1.57 |
| Milk | $4.85 | $4.67 |
| Potatoes | $4.43 | $4.93 |
| Pizza | $14.86 | $12.09 |
| Beer | $11.77 | $10.41 |
| Toothpaste | $3.46 | $3.7 |
Detailed Newcastle Health Costs Vs. Washington
| Item | Newcastle | Washington |
|---|---|---|
| Optometrist | $242.14 | $125.68 |
| Doctor | $139.77 | $135.78 |
| Dentist | $164.3 | $113.29 |
Detailed Newcastle Transportation Costs Vs. Washington
| Item | Newcastle | Washington |
|---|---|---|
| Gasoline | $4.39 | $3.46 |
| Tire Balancing | $77.69 | $59.92 |
Detailed Newcastle Utilities Costs Vs. Washington
| Item | Newcastle | Washington |
|---|---|---|
| All Electricity | $175.38 | $193.99 |
| Phone | $207.11 | $192.25 |
Newcastle SnackAbility
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Cost Of Living In Cities Around Newcastle
The cost of living varies in the cities and towns around Newcastle. Here's a quick look at the cost of living in the most populous nearby places:
Bellevue, WA has a cost of living index of 202, 1.1x Newcastle.
Kent, WA has a cost of living index of 137, 0.7x Newcastle.
Renton, WA has a cost of living index of 147, 0.8x Newcastle.
| City | Population | Cost Of Living | Vs. Newcastle |
|---|---|---|---|
| Bellevue, WA | 151,199 | 202 | 1.1x |
| Kent, WA | 135,015 | 137 | 0.7x |
| Renton, WA | 105,279 | 147 | 0.8x |
| Auburn, WA | 85,455 | 134 | 0.7x |
| Issaquah, WA | 39,472 | 178 | 1.0x |
| Des Moines, WA | 32,545 | 137 | 0.7x |
| SeaTac, WA | 31,143 | 132 | 0.7x |
| Mercer Island, WA | 25,282 | 263 | 1.4x |
| Bainbridge Island, WA | 24,607 | 185 | 1.0x |
| Tukwila, WA | 21,479 | 129 | 0.7x |
