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New Castle, IN vs Rochester, IN

65
New Castle
Indiana
VS
-8.4%
71
Rochester
Indiana

New Castle is moderately more affordable than Rochester, with a 8.4% lower cost of living index. New Castle scores 65 compared to 71 for Rochester, where the US average is 100. This difference means residents of Rochester 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 $883/month in Rochester — a 10% difference. Home values follow the same pattern: New Castle is more affordable at $95,100 median vs $135,900.

Median household income in New Castle is $48,977 compared to $60,304 in Rochester (-18.8%). While Rochester 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 19.5% of their income on rent, more than the 17.6% in Rochester.

Income & Cost

Cost of Living Index
New Castle
65
8% cheaper
Rochester
71
Median Household Income
New Castle
$48,977
Rochester
$60,304
19% higher

Housing

Median Rent
New Castle
$797
10% cheaper
Rochester
$883
Median Home Value
New Castle
$95,100
30% cheaper
Rochester
$135,900
Population
New Castle
17,356
Rochester
6,244

Salary Equivalency Calculator

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