Cost of Living in New Castle, CO
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
150.4
100 = national avg
+50.4 vs national average
Living Wage (1 Adult)
$66,194
per year
Living Wage (Family of 4)
$156,459
per year
Cost Index by Category
Housing194.0
Food117.6
Transportation135.2
Healthcare114.1
Utilities129.4
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,223
per month
2 Bedroom
$1,605
per month
The overall cost of living index in New Castle is 150.4, which is 50.4% above the national average. Housing costs are above the national average at an index of 194.0. A single adult needs to earn approximately $66,194 per year to cover basic expenses.