Cost of Living in Newcastle, WY
Population 3,348 · Wyoming · Data vintage 2023
(100 = US avg)
Newcastle offers a notably favorable income-to-housing ratio for its region. The typical home — $174,000 — costs less than 2.3 times median household income of $77,014, a threshold many coastal markets passed a decade ago. An unemployment rate of 0.0% points to a labor market well on the tight side of the national distribution.
Newcastle lies roughly 230 miles north of the nearest major metro, Fort Collins — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 68% lower than Fort Collins' $548,000.
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 $173,500 — 43% below the national median of $305,000. Median rent runs $711/month, 46% lower than the national median of $1,314/month. The median household income of $77,014/year is 3% higher than the US median of $74,580. The local unemployment rate is 0.0%, below the national average of 4.8%. Wyoming charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 54.4°F and lows of 31.9°F. Overall, Newcastle has a cost of living index of 56 versus the US average of 100, meaning it is 44% less expensive.
Newcastle 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 | 35 | 35 | 44 | 50 | 60 | 71 | 79 | 78 | 69 | 54 | 43 | 35 |
| Low °F | 15 | 15 | 22 | 29 | 38 | 47 | 54 | 52 | 43 | 32 | 22 | 16 |
| Precip" | 0.41 | 0.59 | 0.91 | 2.42 | 2.97 | 3.16 | 3.29 | 2.12 | 1.59 | 1.29 | 0.52 | 0.48 |
💨 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, WY?
Newcastle has a cost index of 56 (100 = national average). It is 44% below the national average.
What is average rent in Newcastle, WY?
The median gross rent in Newcastle is $711 per month based on 2023 Census data.
What is the average home price in Newcastle?
The median home value in Newcastle is $173,500 according to Zillow and Census data.
What is the median income in Newcastle?
The median household income in Newcastle is $77,014 per year (2023 ACS 5-year estimates).
What is the sales tax in Newcastle, WY?
The combined state and local sales tax rate in Newcastle is 5.3%. Wyoming has no state income tax.
Is Newcastle, WY affordable?
Yes, Newcastle is generally considered affordable, with a cost of living index of 56 — about 44% below the US national average of 100.
What is the weather like in Newcastle?
Newcastle has average high temperatures of 54.4°F and average lows of 31.9°F. Annual precipitation is 19.8". Data from NOAA 1991–2020 Climate Normals.
Newcastle at a Glance
- Population
- 3,348
- Median Income
- $77,014
- Home Value
- $173,500
- Median Rent
- $711/mo
- Unemployment
- 0.0%
- Avg High Temp
- 54.4°F
- Sales Tax
- 5.3%
Nearby Cities
Explore county-level cost of living data
Wyoming Rankings
Similar Cost Cities
Cities in other states with comparable housing costs