Cost of living in New Castle, Indiana
New Castle, Indiana has about 17,367 people. Typical rent is $781 a month, including utilities, and a typical household earns $51,606 a year. Both figures are Census 2020–2024 medians, not a listing or your pay. This site does not approve or deny benefits. A missing figure stays blank. We do not guess it.
Ranked #40 in Indiana on the 2026 Most Affordable Towns Index.
Simple answer
Typical rent is $781 a month.
New Castle is a city in Indiana. That rent number includes utilities. A typical household earns $51,606 a year.
- People
- 17,367
- Census average, 2020–2024
- Typical rent
- $781
- Median gross rent, includes utilities
- Typical pay
- $51,606
- Median household income, yearly
- Typical home
- $98,000
- Median home value
- 2-bedroom fair rent
- $1,014
- Henry County, IN
New Castle, Indiana has about 17,367 people. That count is a 2020–2024 Census average, not a headcount from one day.
A typical home is worth about $98,000.
HUD's fair-market rent for a 2-bedroom in Henry County is $1,014 a month. That is the county number, not an apartment listing in New Castle. It runs from October 2026 through September 2027.
Indiana's prices sit at 93.3 when the U.S. average is 100. This place is not in a metro area with its own index, so this is the state number from BEA for 2024.
Indiana taxes wages. A typical combined sales tax is 7.0% as of January 1, 2026. That mix is statewide, not New Castle's exact store tax.
Some places in Indiana add a local wage tax. In 2023 the state average was about 0.35% of income. That is not a New Castle bill.
In July 2026, a typical Indiana home paid 16.73¢ per kilowatt-hour. That is a state average from EIA, not New Castle's bill.
EIA did not publish a 2025 all-grades gas price for Indiana in the table we use.
Among 320 places we list in Indiana with a rent figure, 257 have higher typical rent than New Castle.
Nearby places
- Hagerstown
Typical rent $661
Compare with New Castle - Knightstown
Typical rent $930
Compare with New Castle - Cambridge City
Typical rent $788
Compare with New Castle - Middletown
Typical rent $867
Compare with New Castle - Daleville
Typical rent $779
Compare with New Castle - Chesterfield
Typical rent $964
Compare with New Castle - Muncie
Typical rent $904
- Yorktown
Typical rent $926
EBT nearby
USDA has a live map of stores that take SNAP. We did not copy that store list here. The downloadable file is a history file for 2005 through 2025, so the live map is the one to use.
Locator page updated 2026-09-11. Last checked 2026-10-16.
Food stamps (SNAP) tools in Indiana
Bigger places in Indiana
Census 2020-2024. HUD rents for October 2026–September 2027. BEA prices for 2024. Taxes as of January 1, 2026. Checked 2026-10-16. 15,000 places are in this guide.