Cost of Living in New Castle, DE
Population 5,519 · Delaware · Data vintage 2023
(100 = US avg)
New Castle is a smaller Delaware community of around 6000 residents, where median household incomes of $92,565 and housing costs ($262,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. The labor market has been unusually tight, with unemployment around 1.1% — below most comparable cities in the state.
New Castle is about 35 miles southwest of Philadelphia, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 13% higher than Philadelphia's $232,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in New Castle
The median home value in New Castle is $262,100 — 14% below the national median of $305,000. Median rent runs $1,675/month, 27% higher than the national median of $1,314/month. The median household income of $92,565/year is 24% higher than the US median of $74,580. The local unemployment rate is 1.1%, below the national average of 4.8%. Delaware's top state income tax rate is 6.6% and the combined sales tax is 0.0%. The climate averages highs of 64.8°F and lows of 46.3°F, with about 20.2" of annual snowfall. Overall, New Castle has a cost of living index of 103 versus the US average of 100, meaning it is 3% more expensive.
New Castle has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 41 | 44 | 53 | 64 | 74 | 82 | 87 | 85 | 79 | 67 | 56 | 46 |
| Low °F | 26 | 27 | 34 | 44 | 53 | 63 | 68 | 67 | 59 | 47 | 37 | 30 |
| Precip" | 3.23 | 2.83 | 4.16 | 3.51 | 3.57 | 4.67 | 4.41 | 3.98 | 4.38 | 3.68 | 3.06 | 3.85 |
| Snow" | 6.1 | 7.8 | 3.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.2 | 2.9 |
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in New Castle, DE?
New Castle has a cost index of 103 (100 = national average). It is 3% above the national average.
What is average rent in New Castle, DE?
The median gross rent in New Castle is $1,675 per month based on 2023 Census data.
What is the average home price in New Castle?
The median home value in New Castle is $262,100 according to Zillow and Census data.
What is the median income in New Castle?
The median household income in New Castle is $92,565 per year (2023 ACS 5-year estimates).
What is the sales tax in New Castle, DE?
The combined state and local sales tax rate in New Castle is 0.0%. The Delaware state income tax top rate is 6.6%.
Is New Castle, DE affordable?
New Castle is near the national average in terms of cost of living, with an index of 103 (100 = US average).
What is the weather like in New Castle?
New Castle has average high temperatures of 64.8°F and average lows of 46.3°F. Annual precipitation is 45.3". Average annual snowfall is 20.2". Data from NOAA 1991–2020 Climate Normals.
New Castle at a Glance
- Population
- 5,519
- Median Income
- $92,565
- Home Value
- $262,100
- Median Rent
- $1,675/mo
- Unemployment
- 1.1%
- Avg High Temp
- 64.8°F
- Sales Tax
- 0.0%
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Delaware Rankings
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