| Index | Newcastle | Washington | National |
| Cost of living | 186 | 119 | 100 |
| Groceries | 110 | 107 | 100 |
| Health care | 112 | 109 | 100 |
| Housing | 356 | 138 | 100 |
| Transportation | 113 | 112 | 100 |
| Utilities | 111 | 110 | 100 |
| Lifestyle & Entertainment | 118 | 112 | 100 |
| Household Items | 106 | 107 | 100 |
| Education & Childcare | 124 | 117 | 100 |
Are you thinking about relocating, but curious about the potential cost of living in Newcastle? Is it more expensive or more affordable than average? Based on the most recent report, the cost of living in Newcastle stands at 186, making it 86% higher than the national average. The cost of living directly affects the affordability of one's desired lifestyle. Knowing the cost of housing, transportation, groceries and other essentials in the new area allows people to gauge whether they can maintain their preferred standard of living.
If you're in pursuit of an economical living environment, Newcastle may not fit the bill, as it ranks among the most expensive places to reside in the United States. Just a minority of regions exhibit a cost of living that is more than 20% higher than the national average, and, unfortunately, Newcastle falls within this bracket.
When it comes to the cost of living in Newcastle, housing costs are a real heavyweight, often hogging a significant chunk of your earnings. Sadly, in this area, housing expenses for both buying and renting were 255.6% more expensive compared to your average city. That means you'll be shelling out more for homes, rents, mortgage rates and insurance.
Is Newcastle an affordable place to live? That's a valid question to ask when you're thinking about moving to a new city. After all, how much it costs to live somewhere can be a huge factor in your decision. Affordability can be broken down into 3 common categories. The cost of living index (we talked about it earlier), housing expenses and income levels all play a big role in figuring out if a place is affordable. For instance, in Newcastle, the median home price is 322.9% higher than what most folks pay across the country, and monthly rent prices are 98.6% higher than the usual rates. Income levels in Newcastle come in at $230,429, which is 183.3% higher than the national average.
Transportation: When public transportation options are limited or non-existent, residents frequently resort to vehicle ownership, which can significantly contribute to the overall cost of living. Monthly financial obligations encompass fuel, insurance, regular maintenance and potentially lease or financing expenses. In Newcastle, the transportation index is 13% higher than the national average.
Utilities: As with the prices of anything else, utility costs can exhibit significant variations, contingent on factors like climate, energy source availability, geographic location and state regulations. The expenses associated with electricity, water, heating, and waste disposal can fluctuate, either upward or downward, depending on the particular city or state. In Newcastle, the utilities index registers 11.2% higher than the national average.
Urbanization: Larger, urban centers, known for their wealth of amenities and strong employment prospects, often exhibit an elevated cost of living, primarily attributable to the heightened demand for services and residential relocation. Consequently, this scenario leads to elevated home prices and higher rental rates. In contrast, sparsely populated rural areas or regions characterized by diminished demand typically provide a more limited array of amenities and experience slower job market growth, resulting in a more affordable cost of living.
The cost of living data for Newcastle shown above is based on a U.S. average baseline score of 100, making it easier to compare how far your dollar may go from one city to another. Housing uses U.S. Census home price and rental data, while all remaining values are AI-assisted estimates informed by regional pricing, climate, transportation dynamics, and local economic factors. These scores are best used for directional comparisons between cities.
| Cost of living index | |
| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index | |
| Lifestyle index | |
| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $290,549 | $24,212 | $6,779 | $8,717 |
| Renters | $128,934 | $10,745 | $3,008 | $3,868 |
| State | General Sales Tax | With Max Surtax |
| Washington | 6.5% | 10.4% |
| State | Income Tax (Low) | Income Tax (High) |
| Washington | 0% | 0% |
| City | Population | Cost of Living Index | National Avg. |
| Fairwood CDP (Spokane County), WA | 8,331 | 113 | 13.4% |
| Tukwila, WA | 20,710 | 126 | 25.7% |
| SeaTac, WA | 30,186 | 129 | 29.0% |
| Des Moines, WA | 32,691 | 133 | 32.5% |
| Kent, WA | 134,349 | 134 | 34.3% |
| Newcastle, WA | 12,354 | 186 | 85.7% |
| City | Population | Cost of Living Index | National Avg. |
| Myrtle Grove, NC | 12,355 | 115 | 15.2% |
| Wellesley, ON | 12,358 | n/a | |
| Spring Lake, NC | 12,346 | 91 | 8.9% |
| Lansing, KS | 12,363 | 98 | 2.3% |
| Norton, OH | 12,365 | 93 | 6.7% |
| Newcastle, WA | 12,354 | 186 | 85.7% |
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