New Castle, CO vs Sterling, CO

The cost of living difference between New Castle, CO and Sterling, CO is dramatic. Sterling is 48.3% cheaper than New Castle, a gap that translates to thousands of dollars per year in household expenses. New Castle has a cost index of 125 while Sterling sits at 84, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in New Castle is $1,627/month compared to $1,052/month in Sterling — a 55% difference. Home values follow the same pattern: Sterling is more affordable at $205,200 median vs $488,600.

Median household income in New Castle is $88,421 compared to $44,242 in Sterling (+99.9%). 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 New Castle spend roughly 22.1% of their income on rent, less than the 28.5% in Sterling.