Cost of Living in New Castle, KY

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13%
Overall NAT. AVG.
2%
Groceries NAT. AVG.
35%
Housing NAT. AVG.
Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index New Castle Kentucky National
Cost of living8788100
Groceries9898100
Health care9597100
Housing6570100
Transportation9996100
Utilities9995100
Lifestyle & Entertainment9295100
Household Items9597100
Education & Childcare10194100
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Homes For Sale In New Castle, KY

property for sale

255 E Cross Main St

New Castle, KY
property for sale

2497 Lagrange Rd

New Castle, KY
property for sale

142 Allan St

New Castle, KY
property for sale

114 Spring St

New Castle, KY

Cost Of Living Quick Facts

  • The cost of living in New Castle is 1% lower than the Kentucky average
  • The cost of living in New Castle is 13% lower than the national average
  • New Castle housing is 35% lower than the national average
  • Kentucky general sales tax is 18% higher than the national average
  • Kentucky state income tax is 73% higher than the national average

Most Affordable Places to Live in and Around New Castle

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      Salary Calculator

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      Housing index
      Transportation index
      Utilities index
      Lifestyle index
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      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$61,736$5,145$1,440$1,852
      Renters$31,538$2,628$736$946

      Kentucky Sales Tax

      State General Sales Tax With Max Surtax
      Kentucky 6% 6%

      Kentucky Income Tax

      State Income Tax (Low) Income Tax (High)
      Kentucky 4.5% 4.5%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Worthville, KY1637426.0%
      Bedford, KY4098119.0%
      Gratz, KY878118.7%
      Campbellsburg, KY1,0468713.1%
      Smithfield, KY2178713.0%
      New Castle, KY1,0728712.7%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Tahoma, CA1,07215251.8%
      Ouray, CO1,07213636.1%
      Scobey, MT1,072927.9%
      Atkins, VA1,072955.0%
      Cassville, WV1,0728911.0%
      New Castle, KY1,0728712.7%
      Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.
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