New Castle, IN vs Scottsburg, IN

New Castle, IN and Scottsburg, IN have a very similar cost of living, with only a 3% difference in their overall index. New Castle scores 65 while Scottsburg scores 67 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in New Castle is $797/month compared to $786/month in Scottsburg — a 1% difference. Interestingly, home values tell a different story: while Scottsburg has cheaper rent, New Castle actually has lower median home values ($95,100 vs $123,900).

Median household income in New Castle is $48,977 compared to $38,027 in Scottsburg (+28.8%). 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 24.8% in Scottsburg.