Cost of Living in Newcastle, OK
Population 12,238 · Oklahoma · Data vintage 2023
(100 = US avg)
Incomes in Newcastle punch well above what you'd expect from a town of 12,238. The reason is straightforward: extraction-sector wages. Median household earnings of $97,315 pair with home values that remain well below the national median.
Newcastle sits roughly 14 miles west of Norman — close enough that regional housing and labor patterns are shaped largely by the larger market. Housing prices track closely with Norman's $239,000 median.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Newcastle
The median home value in Newcastle is $255,100 — 16% below the national median of $305,000. Median rent runs $1,020/month, 22% lower than the national median of $1,314/month. The median household income of $97,315/year is 30% higher than the US median of $74,580. The local unemployment rate is 3.5%, below the national average of 4.8%. Oklahoma's top state income tax rate is 4.8% and the combined sales tax is 9.0%. The climate averages highs of 71.4°F and lows of 48.8°F, with about 6.7" of annual snowfall. Overall, Newcastle has a cost of living index of 81 versus the US average of 100, meaning it is 19% less expensive.
🏠 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 | 49 | 54 | 63 | 71 | 79 | 88 | 93 | 92 | 84 | 73 | 61 | 50 |
| Low °F | 27 | 31 | 40 | 48 | 58 | 66 | 70 | 69 | 62 | 49 | 38 | 30 |
| Precip" | 1.32 | 1.42 | 2.55 | 3.60 | 5.31 | 4.49 | 3.59 | 3.60 | 3.72 | 3.32 | 1.68 | 1.79 |
| Snow" | 1.8 | 1.8 | 0.8 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.5 | 1.8 |
💨 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 Newcastle, OK?
Newcastle has a cost index of 81 (100 = national average). It is 19% below the national average.
What is average rent in Newcastle, OK?
The median gross rent in Newcastle is $1,020 per month based on 2023 Census data.
What is the average home price in Newcastle?
The median home value in Newcastle is $255,100 according to Zillow and Census data.
What is the median income in Newcastle?
The median household income in Newcastle is $97,315 per year (2023 ACS 5-year estimates).
What is the sales tax in Newcastle, OK?
The combined state and local sales tax rate in Newcastle is 9.0%. The Oklahoma state income tax top rate is 4.8%.
Is Newcastle, OK affordable?
Yes, Newcastle is generally considered affordable, with a cost of living index of 81 — about 19% below the US national average of 100.
What is the weather like in Newcastle?
Newcastle has average high temperatures of 71.4°F and average lows of 48.8°F. Annual precipitation is 36.4". Average annual snowfall is 6.7". Data from NOAA 1991–2020 Climate Normals.
Newcastle at a Glance
- Population
- 12,238
- Median Income
- $97,315
- Home Value
- $255,100
- Median Rent
- $1,020/mo
- Unemployment
- 3.5%
- Avg High Temp
- 71.4°F
- Sales Tax
- 9.0%
Explore county-level cost of living data
Oklahoma Rankings
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