salaryRent here is among the highest 10% in the country. Household incomes are higher than in 94% of U.S. cities. A typical house costs about 7.0 years of household income, so buying is hard for most locals. It is a highly educated city: 68.5% of adults have a college degree.
How much money do I need?
To rent here comfortably, you should earn about $112,640 a year. That is $54 an hour at a full-time job.
Is rent cheaper than other Washington cities?
No. Rent here is more expensive than in most of Washington. It is number 174 of 192 cities from cheapest to most expensive.
How much do households earn in Newcastle?
Share of households by yearly income. 58.9% of households earn $100,000 or more.
Rent by apartment size in Newcastle
| Size | Newcastle | U.S. average |
|---|---|---|
| Studio | $2,396 | $1,338 |
| 1 bedroom | $2,360 | $1,324 |
| 2 bedrooms | $2,746 | $1,509 |
| 3 bedrooms | $3,446 | $1,698 |
| 4 bedrooms | $3,528 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Newcastle overall?
Everyday prices in Washington overall are 7% above the U.S. average (index 107.0, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Newcastle, so the Washington figure is shown.
Taxes and bills in Newcastle
Life in Newcastle
Is it cheaper to rent or buy in Newcastle?
Renting is cheaper right now: about $5,549 a month less.
Owning assumes a typical $1,205,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $120,560 for the down payment.
Frequently asked questions
What is the average rent in Newcastle, WA?
Renting in Newcastle costs a median of about $2,816 a month in 2026, including utilities. The Washington median is $2,025.
How much do I need to make to live in Newcastle?
To keep rent under 30% of income, you need about $112,640 a year, or $54 an hour at a full-time job.
Is Newcastle cheap or expensive?
Newcastle is rated Cheap: rent takes 19.5% of the typical household income of $172,860. It ranks 174th cheapest of 192 Washington cities we track.
How much are property taxes in Newcastle?
The median homeowner in Newcastle pays $9,967 a year in property taxes, about 0.83% of the median home value.
Is Newcastle more expensive than the national average?
Overall prices in Washington are 7% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Newcastle?
The median home value in Newcastle is $1,205,600, about 7.0 times the typical yearly household income.
12,989 people live in Newcastle. Numbers are typical (middle) values.