Mustang, OK vs Newcastle, OK
Newcastle is moderately more affordable than Mustang, with a 5.4% lower cost of living index. Mustang scores 88 compared to 84 for Newcastle, where the US average is 100. This difference means residents of Mustang can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Mustang is $1,243/month compared to $1,020/month in Newcastle — a 22% difference. Interestingly, home values tell a different story: while Newcastle has cheaper rent, Mustang actually has lower median home values ($227,800 vs $255,100).
Median household income in Mustang is $88,262 compared to $97,315 in Newcastle (-9.3%). 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 Mustang spend roughly 16.9% of their income on rent, more than the 12.6% in Newcastle.
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