Housing costs in New Castle?
A typical home costs
$152,900, which is 54.8% less expensive than the national average of
$338,100 and 31.0% less expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in New Castle costs
$830 per month, which is 42.0% cheaper than the national average of
$1,430 and 18.1% cheaper than the state average of
$980.
Can I afford New Castle?
To live comfortably in New Castle Indi Metro Area, Indiana, a minimum annual income of
$29,160 for a family, and
$26,000 for a single person is recommended.
What does A.I. say about New Castle?
The cost of living in New Castle, IN Metro Area is lower than the US average. According to a recent survey, the cost of living in this area is 72.8 against the US average of 100. This indicates that it is relatively cheaper to live in this area compared to other parts of the country. Along with that, the median house value for this area stands at $153,900 which is far less than the national average of $338,100. Therefore, New Castle, IN Metro Area offers an affordable living environment for people from all income groups.