Housing costs in New Castle?
A typical home costs
$115,100, which is 66.0% less expensive than the national average of
$338,100 and 40.8% less expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in New Castle costs
$890 per month, which is 3.3% cheaper than the national average of
$920 and 16.9% cheaper than the state average of
$1,040.
Can I afford New Castle?
To live comfortably in New Castle (zip 40058), Kentucky, a minimum annual income of
$21,960 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about New Castle?
The cost of living in 40058 New Castle, KY is relatively low compared to other areas in the United States. The overall cost of living index for 40058 is 83.8 out of 100, which is 7.2% lower than the national average. The median home price for the area is about $95,000 and the median rent is around $825 per month, making it an affordable place to live for families and individuals alike. There are also plenty of shopping and dining options throughout the city that are reasonably priced, giving residents more options without having to break their budget.