Akron, CO vs New Castle, CO

The cost of living difference between Akron, CO and New Castle, CO is dramatic. Akron is 33.4% cheaper than New Castle, a gap that translates to thousands of dollars per year in household expenses. Akron has a cost index of 83 while New Castle sits at 125, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Akron is $1,070/month compared to $1,627/month in New Castle — a 34% difference. Home values follow the same pattern: Akron is more affordable at $186,500 median vs $488,600.

Median household income in Akron is $59,470 compared to $88,421 in New Castle (-32.7%). The higher salaries in New Castle partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Akron spend roughly 21.6% of their income on rent, less than the 22.1% in New Castle.