Federal Heights, CO vs New Castle, CO

There is a significant gap in the cost of living between these two cities. Federal Heights is 24.2% cheaper than New Castle. With a cost index of 95 vs 125, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Federal Heights to New Castle should plan for substantially higher expenses across most categories.

On the housing front, median rent in Federal Heights is $1,655/month compared to $1,627/month in New Castle — a 2% difference. Interestingly, home values tell a different story: while New Castle has cheaper rent, Federal Heights actually has lower median home values ($91,300 vs $488,600).

Median household income in Federal Heights is $57,957 compared to $88,421 in New Castle (-34.5%). While New Castle is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Federal Heights spend roughly 34.3% of their income on rent, more than the 22.1% in New Castle. The New Castle ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.