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Mills, WY vs Newcastle, WY

78
Mills
Wyoming
VS
+15.5%
67
Newcastle
Wyoming

There is a significant gap in the cost of living between these two cities. Newcastle is 15.5% cheaper than Mills. With a cost index of 67 vs 78, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Newcastle to Mills should plan for substantially higher expenses across most categories.

On the housing front, median rent in Mills is $1,047/month compared to $711/month in Newcastle — a 47% difference. Interestingly, home values tell a different story: while Newcastle has cheaper rent, Mills actually has lower median home values ($166,800 vs $173,500).

Median household income in Mills is $55,594 compared to $77,014 in Newcastle (-27.8%). Newcastle offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Mills spend roughly 22.6% of their income on rent, more than the 11.1% in Newcastle.

Income & Cost

Cost of Living Index
Mills
78
Newcastle
67
13% cheaper
Median Household Income
Mills
$55,594
Newcastle
$77,014
28% higher

Housing

Median Rent
Mills
$1,047
Newcastle
$711
32% cheaper
Median Home Value
Mills
$166,800
4% cheaper
Newcastle
$173,500
Population
Mills
4,315
Newcastle
3,348

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Mills $2.98
Newcastle $2.99
US $3.07
🥚
Eggs (grade A, large)
Mills $2.43
Newcastle $2.44
US $2.50
🥛
Milk (whole)
Mills $3.91
Newcastle $3.92
US $4.03
🍞
Bread (white)
Mills $1.80
Newcastle $1.80
US $1.85
🍗
Chicken breast
Mills $4.02
Newcastle $4.03
US $4.14
Electricity
Mills $0.14
Newcastle $0.15
US $0.19