Home / Compare / Mustang vs Newcastle

Mustang, OK vs Newcastle, OK

88
Mustang
Oklahoma
VS
+5.4%
84
Newcastle
Oklahoma

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.

Income & Cost

Cost of Living Index
Mustang
88
Newcastle
84
5% cheaper
Median Household Income
Mustang
$88,262
Newcastle
$97,315
9% higher

Housing

Median Rent
Mustang
$1,243
Newcastle
$1,020
18% cheaper
Median Home Value
Mustang
$227,800
11% cheaper
Newcastle
$255,100
Population
Mustang
21,290
Newcastle
12,238

Salary Equivalency Calculator

What does your salary in one city buy you in the other?

$
Formula:

Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Mustang $2.86
Newcastle $2.86
US $3.07
🥚
Eggs (grade A, large)
Mustang $2.33
Newcastle $2.33
US $2.50
🥛
Milk (whole)
Mustang $3.76
Newcastle $3.76
US $4.03
🍞
Bread (white)
Mustang $1.73
Newcastle $1.73
US $1.85
🍗
Chicken breast
Mustang $3.87
Newcastle $3.87
US $4.14
Electricity
Mustang $0.15
Newcastle $0.15
US $0.19