Cost of Living in New Castle, PA

Population 21,727 · Pennsylvania · Data vintage 2023

35
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

New Castle's median household income of $41,478 is a meaningful share below the national figure, which shapes most of the downstream economic indicators — from housing affordability to the share of residents living below the poverty line (26% here). At 13.8%, the local unemployment rate runs well above the US figure, pointing to structural rather than cyclical labor-market issues.

New Castle is about 45 miles northwest of Pittsburgh, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 63% lower than Pittsburgh's $193,000.

Cost Overview

Housing 24
Rent 53

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 $72,000 — 76% below the national median of $305,000. Median rent runs $698/month, 47% lower than the national median of $1,314/month. The median household income of $41,478/year is 44% lower than the US median of $74,580. The local unemployment rate is 13.8%, above the national average of 4.8%. Pennsylvania's top state income tax rate is 3.1% and the combined sales tax is 6.3%. The climate averages highs of 59.7°F and lows of 40.1°F, with about 67.8" of annual snowfall. Overall, New Castle has a cost of living index of 35 versus the US average of 100, meaning it is 65% less expensive.

🏠 Housing

Median Home Value
$72,000
76% below avg
Zillow Home Value
$141,501
Zillow ZHVI
Median Rent
$698/mo
47% below avg
Zillow Rent
$1,134/mo
Zillow ZORI
Price-to-Rent Ratio
8.6x
Favors buying
Property Tax Rate
1.6%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$779
1 BR
$871
2 BR
$1,065
3 BR
$1,337
4 BR
$1,547
Owner-occupied 54.7%
Renter-occupied 45.3%

💰 Estimated Monthly Budget

Rent median rent
$698
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,312/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
23.4 min
13% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
9.3%

Commute Mode

Drove alone
75.4%
Carpooled
11.3%
Public transit
1.6%
Walked
1.9%
Bicycle
0.2%
Work from home
9.3%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) 3.1%
Total Sales Tax 6.3%
State rate 6.0%
Avg local rate 0.3%
Property Tax 1.6%

💼 Income & Employment

Median Household Income
$41,478
44% below avg
Per Capita Income
$23,135
Unemployment Rate
13.8%
188% above avg
Poverty Rate
26.1%
Labor Force Participation
53.0%

🎓 Education

Bachelor's degree+ 12.1%
Graduate degree 3.1%

👥 Demographics

Median Age 37.7
Male median age 36
Female median age 40.4

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
59.7°F
Avg Low
40.1°F
Annual Precip
41.2"
Annual Snowfall
67.8"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 343747607179838174625039
Low °F 192128384856605952423326
Precip" 3.032.523.213.753.723.904.273.483.843.342.963.17
Snow" 19.615.110.52.60.00.00.00.00.00.74.514.8

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 34 — Good
95.1%
Good air days/yr
119
Max AQI recorded
0
PM2.5 days
267
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

92.6%
4-Year Graduation Rate
15:1
Student-teacher ratio
18
Public schools
8,703
Total enrollment

Frequently Asked Questions

What is the cost of living in New Castle, PA?

New Castle has a cost index of 35 (100 = national average). It is 65% below the national average.

What is average rent in New Castle, PA?

The median gross rent in New Castle is $698 per month based on 2023 Census data.

What is the average home price in New Castle?

The median home value in New Castle is $72,000 according to Zillow and Census data.

What is the median income in New Castle?

The median household income in New Castle is $41,478 per year (2023 ACS 5-year estimates).

What is the sales tax in New Castle, PA?

The combined state and local sales tax rate in New Castle is 6.3%. The Pennsylvania state income tax top rate is 3.1%.

Is New Castle, PA affordable?

Yes, New Castle is generally considered affordable, with a cost of living index of 35 — about 65% below the US national average of 100.

What is the weather like in New Castle?

New Castle has average high temperatures of 59.7°F and average lows of 40.1°F. Annual precipitation is 41.2". Average annual snowfall is 67.8". Data from NOAA 1991–2020 Climate Normals.

New Castle at a Glance

Population
21,727
Median Income
$41,478
Home Value
$72,000
Median Rent
$698/mo
Unemployment
13.8%
Avg High Temp
59.7°F
Sales Tax
6.3%
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