States › Pennsylvania › New Castle

Is New Castle, PA expensive to live in?

OKRent takes 21 cents of every $1 people earn here.
🏠 Rent per month (2026)$81554% lower than U.S. average
💵 Families earn per year (2026)$45,533about $3,794/month · 48% lower than U.S. average
🔑 House price$77,40077% lower than U.S. average

Rent here is among the lowest 10% of all U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards.

How much money do I need?

To rent here comfortably, you should earn about $32,600 a year. That is $16 an hour at a full-time job.

Is rent cheaper than other Pennsylvania cities?

Yes. Rent here is cheaper than in most of Pennsylvania. It is number 13 of 269 cities from cheapest to most expensive.

New Castle
$815
Carlisle
$1,540
Allison Park
$1,611
Baldwin
$1,088
Chambersburg
$1,300
Murrysville
$1,751
West Chester
$2,291

How much do households earn in New Castle?

Under $25k
31.0%
$25k–50k
30.1%
$50k–100k
24.8%
$100k–150k
6.5%
$150k+
1.1%

Share of households by yearly income. 7.6% of households earn $100,000 or more.

Rent by apartment size in New Castle

SizeNew CastleU.S. average
Studio$393$1,338
1 bedroom$652$1,324
2 bedrooms$858$1,509
3 bedrooms$1,218$1,698
4 bedrooms$1,250$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is New Castle overall?

Everyday prices in Pennsylvania overall are 2% below the U.S. average (index 97.6, U.S. = 100).

Housing
85
Goods (food, clothes…)
99
Utilities
109
Other services
100
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for New Castle, so the Pennsylvania figure is shown.

Taxes and bills in New Castle

🏛️ Property tax$1,557a year · 2.01% of home value · U.S. $3,119
⚡ Electric bill$123a month (typical) · U.S. $156

Life in New Castle

Commute to work22.3 minU.S.: 26.4 min
College degree16.3%U.S.: 35.7%
Own their home54.8%U.S.: 65.2%
Below poverty line28%U.S.: 12.5%
Unemployment12.5%U.S.: 5.2%

Is it cheaper to rent or buy in New Castle?

Buying is cheaper month to month: about $278 a month less than renting.

Renting
$815
Owning
$537

Owning assumes a typical $77,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $7,740 for the down payment.

Frequently asked questions

What is the average rent in New Castle, PA?

Renting in New Castle costs a median of about $815 a month in 2026, including utilities. The Pennsylvania median is $1,367.

How much do I need to make to live in New Castle?

To keep rent under 30% of income, you need about $32,600 a year, or $16 an hour at a full-time job.

Is New Castle cheap or expensive?

New Castle is rated OK: rent takes 21.5% of the typical household income of $45,533. It ranks 13th cheapest of 269 Pennsylvania cities we track.

How much are property taxes in New Castle?

The median homeowner in New Castle pays $1,557 a year in property taxes, about 2.01% of the median home value.

Is New Castle more expensive than the national average?

Overall prices in Pennsylvania are 2% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in New Castle?

The median home value in New Castle is $77,400, about 1.7 times the typical yearly household income.

21,579 people live in New Castle. Numbers are typical (middle) values.