New Castle, NY Cost of Living


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New Castle cost of living score
157
More expensive
57.0% higher
than the US average
29.2% higher
than the New York average
New Castle, New York gets a BestPlaces Cost of Living score of 157, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 57.0% higher than the U.S. average and 29.2% lower than the average for New York.

New Castle, NY

Housing costs in New Castle?
A typical home costs $1,178,400, which is 248.5% more expensive than the national average of $338,100 and 184.9% more expensive than the average New York home, at $413,600. Renting a two-bedroom unit in New Castle costs $2,790 per month, which is 95.1% more than the national average of $1,430 and 29.7% more than the state average of $1,960.

Can I afford New Castle?
To live comfortably in New Castle, New York, a minimum annual income of $225,720 for a family, and $91,600 for a single person is recommended.

What does A.I. say about New Castle?
The cost of living in New Castle, NY is quite reasonable when compared to other cities in the area. The cost of housing is especially attractive, with the median home value being just over $500,000 and the median rent for a two-bedroom apartment costing around $1,700 per month. In addition, essential expenses such as groceries and utilities tend to be quite low compared to other places in the area, making it an ideal place for those looking to save money while still enjoying a comfortable lifestyle. All in all, New Castle is an excellent place for anyone wanting to live comfortably without breaking the bank.
   Cost of living score
     CategoriesNew CastleNew YorkUnited States
  157.0121.5100.0
  111.8103.8100
  126.3120.7100.0
  285.6127.9100.0
  $1,178,400$413,600$338,100
  151.2%115.9%100.0%
  127.7140.7100.0
  158.9121.8100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for New Castle
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Over 9 years ago

This is a great town as long as you can afford to live here. Once you retire the taxes are just too high to justify  More

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