Milton, DE vs New Castle, DE

Milton, DE and New Castle, DE have a very similar cost of living, with only a 0.9% difference in their overall index. Milton scores 107 while New Castle scores 108 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Milton is $1,398/month compared to $1,675/month in New Castle — a 17% difference. Interestingly, home values tell a different story: while Milton has cheaper rent, New Castle actually has lower median home values ($262,100 vs $376,600).

Median household income in Milton is $64,906 compared to $92,565 in New Castle (-29.9%). 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 Milton spend roughly 25.8% of their income on rent, more than the 21.7% in New Castle.