Zip 81647 (New Castle, CO) Cost of Living


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How much do I need to live in New Castle, Colorado?
$8,250 / month
for a family, 52.8% more expensive than the national average A total of $99,000 for the year for a family.
$4,500 / month
for a single person, 5.6% less expensive than the national average A total of $54,000 for the year for a single person.

New Castle cost of living score
121.9
More expensive
21.9% higher
than the US average
1.2% higher
than the Colorado average
New Castle (zip 81647), Colorado gets a BestPlaces Cost of Living score of 121.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 21.9% higher than the U.S. average and 1.2% lower than the average for Colorado.

Zip 81647 (New Castle, CO)

Housing costs in New Castle?
A typical home costs $517,000, which is 52.9% more expensive than the national average of $338,100 and 1.9% less expensive than the average Colorado home, at $527,200. Renting a two-bedroom unit in New Castle costs $1,670 per month, which is 1.2% more than the national average of $1,650 and 11.4% more than the state average of $1,480.

Can I afford New Castle?
To live comfortably in New Castle (zip 81647), Colorado, a minimum annual income of $99,000 for a family, and $54,000 for a single person is recommended.

What does A.I. say about New Castle?
The cost of living in 81647 New Castle, CO is relatively affordable. The median home value is approximately $282,000 which is more than the national average but still within reach for many potential homeowners. The median household income in 81647 is around $62,000 which is slightly lower than the Colorado average. Renting in the area is also relatively affordable with a median rent of about $1,250 per month. Groceries, healthcare and utilities are all lower than the national average making 81647 New Castle an attractive option for those looking to settle down in an affordable community that offers great amenities and access to outdoor recreation opportunities.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesNew CastleColoradoUnited States
    Unlock120.5100.0
  105.9  Unlock100.0
    Unlock83.8100.0
  156.5  Unlock100.0
    Unlock$527,200$338,100
  97.4  Unlock100.0
    Unlock106.7100.0
  121.3  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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