New Castle, CO vs Wellington, CO

New Castle is moderately more affordable than Wellington, with a 11.2% lower cost of living index. New Castle scores 125 compared to 141 for Wellington, where the US average is 100. This difference means residents of Wellington can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in New Castle is $1,627/month compared to $2,320/month in Wellington — a 30% difference. Interestingly, home values tell a different story: while New Castle has cheaper rent, Wellington actually has lower median home values ($442,500 vs $488,600).

Median household income in New Castle is $88,421 compared to $103,888 in Wellington (-14.9%). While Wellington 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 26.8% in Wellington.