Eldorado, TX vs Newcastle, TX

Newcastle is moderately more affordable than Eldorado, with a 14.7% lower cost of living index. Eldorado scores 60 compared to 52 for Newcastle, where the US average is 100. This difference means residents of Eldorado can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Eldorado is $621/month compared to $521/month in Newcastle — a 19% difference. Home values follow the same pattern: Newcastle is more affordable at $40,500 median vs $97,300.

Median household income in Eldorado is $66,125 compared to $63,750 in Newcastle (+3.7%). Eldorado does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Eldorado spend roughly 11.3% of their income on rent, more than the 9.8% in Newcastle.