Zip 19720 (New Castle, DE) Cost of Living


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How much do I need to live in New Castle, Delaware?
$3,990 / month
for a family, 26.1% less expensive than the national average A total of $47,880 for the year for a family.
$3,933 / month
for a single person, 17.5% less expensive than the national average A total of $47,200 for the year for a single person.

New Castle cost of living score
104.1
More expensive
4.1% higher
than the US average
0.6% higher
than the Delaware average
New Castle (zip 19720), Delaware gets a BestPlaces Cost of Living score of 104.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 4.1% higher than the U.S. average and 0.6% lower than the average for Delaware.

Zip 19720 (New Castle, DE)

Housing costs in New Castle?
A typical home costs $249,000, which is 26.4% less expensive than the national average of $338,100 and 25.9% less expensive than the average Delaware home, at $336,200. Renting a two-bedroom unit in New Castle costs $1,420 per month, which is 6.8% more than the national average of $1,330 and 3.5% cheaper than the state average of $1,470.

Can I afford New Castle?
To live comfortably in New Castle (zip 19720), Delaware, a minimum annual income of $47,880 for a family, and $47,200 for a single person is recommended.

What does A.I. say about New Castle?
The cost of living in 19720 New Castle, DE is relatively low compared to the national average. Housing costs are especially affordable, with the median price for a home being just over $140,000. Other expenses such as food, transportation and healthcare are also lower than average. This makes 19720 a great place to live for people who want to save money while still enjoying all the comforts of the city and nearby shopping centers and attractions. The cost of living in 19720 New Castle, DE is one of the reasons why it is such a popular destination for families and retirees alike.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesNew CastleDelawareUnited States
    Unlock103.5100.0
  103.2  Unlock100.0
    Unlock112.2100.0
  75.8  Unlock100.0
    Unlock$336,200$338,100
  106.1  Unlock100.0
    Unlock95.8100.0
  111.1  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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