Carlisle, KY vs New Castle, KY

Carlisle is moderately more affordable than New Castle, with a 10.2% lower cost of living index. Carlisle scores 60 compared to 66 for New Castle, where the US average is 100. This difference means residents of New Castle can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Carlisle is $620/month compared to $704/month in New Castle — a 12% difference. Home values follow the same pattern: Carlisle is more affordable at $103,300 median vs $151,500.

Median household income in Carlisle is $46,292 compared to $33,833 in New Castle (+36.8%). Carlisle offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Carlisle spend roughly 16.1% of their income on rent, less than the 25% in New Castle.