New Castle, IN vs North Vernon, IN

New Castle is moderately more affordable than North Vernon, with a 6.2% lower cost of living index. New Castle scores 65 compared to 69 for North Vernon, where the US average is 100. This difference means residents of North Vernon can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in New Castle is $797/month compared to $904/month in North Vernon — a 12% difference. Home values follow the same pattern: New Castle is more affordable at $95,100 median vs $107,900.

Median household income in New Castle is $48,977 compared to $48,235 in North Vernon (+1.5%). New Castle offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of New Castle spend roughly 19.5% of their income on rent, less than the 22.5% in North Vernon.