Housing costs in New Castle?
A typical home costs
$182,000, which is 46.2% less expensive than the national average of
$338,100 and 6.3% less expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in New Castle costs
$900 per month, which is 37.1% cheaper than the national average of
$1,430 and 2.2% cheaper than the state average of
$920.
Can I afford New Castle?
To live comfortably in New Castle, Kentucky, a minimum annual income of
$34,920 for a family, and
$30,000 for a single person is recommended.
What does A.I. say about New Castle?
New Castle, KY is a great place to live due to its low cost of living. The average monthly rent for a one bedroom apartment in town is around $600 and prices for groceries are lower than the national average. Utilities such as electricity and water are also relatively low. In addition, there are no state or local taxes so residents can save more money each month. All in all, New Castle provides budget-friendly living with plenty of amenities and activities to enjoy.