Newcastle cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexNewcastleTexasNational
Cost of living index7290100
IndexNewcastleTexasNational
Goods & Services index9094100
Groceries index8889100
Health care index9895100
Housing index3281100
Transportation index8693100
Utilities index9195100

Did you know?

  • The cost of living in Newcastle is 19% lower than the Texas average.
  • The cost of living in Newcastle is 28% lower than the national average.
  • The cost of housing in Newcastle is 68% lower than the national average.
  • Texas general sales tax is 23% higher than the national average.
  • Texas state income tax is 100% lower than the national average.

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Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$29,728$2,477$694$892
Renters$20,417$1,701$476$613

Texas Sales Tax

StateGeneral Sales TaxWith Max Surtax
Texas6.25%8.25%

Texas Income Tax

StateIncome Tax (Low)Income Tax (High)
Texas0%0%

Goods & Services

ItemNewcastleNational avg.Difference
Haircut $12.75$15.5618.1%
Beauty Salon $29.90$36.1117.2%
Toothpaste $1.93$2.4722.1%
Shampoo $0.77$0.9620.2%
Movie $10.52$10.133.8%
Bowling $3.65$4.7422.9%

Groceries

ItemNewcastleNational avg.Difference
Ground Beef $3.76$3.985.5%
Fried Chicken $1.06$1.4124.9%
Milk $1.57$2.0623.9%
Potatoes $2.30$2.9823.0%
Pizza $7.99$9.4715.6%
Beer $8.48$8.793.6%

Health Care

ItemNewcastleNational avg.Difference
Optometrist $103.21$101.042.1%
Doctor $95.94$107.4410.7%
Dentist $92.67$90.422.5%
Ibuprofen $8.20$9.2811.7%
Lipitor $443.12$426.503.9%

Housing

ItemNewcastleNational avg.Difference
Home Price $36,800.00$175,700.0079.1%
Avg. Mortgage Payment $850.66$1,133.2324.9%
Apartment Rent $525.00$920.0042.9%

Transportation

ItemNewcastleNational avg.Difference
Gasoline $1.77$1.9911.4%
Tire Balancing $36.87$45.7619.4%

Utilities

ItemNewcastleNational avg.Difference
All Electricity$174.71$163.816.7%
Phone $20.00$28.3929.6%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Olney, TX3,24273-27%
Elbert, TX6374-26%
Graham, TX8,84080-20%
Newcastle, TX44372-28%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Vanderbilt, PA44381-19%
Plainfield, IA44385-15%
Morning Glory, TX44376-24%
Benzonia, MI44388-12%
Whitesville, KY44381-19%
Newcastle, TX44372-28%
Source: The Newcastle, TX cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.