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New Castle, IN vs Westfield, IN

65
New Castle
Indiana
VS
-42.1%
112
Westfield
Indiana

The cost of living difference between New Castle, IN and Westfield, IN is dramatic. New Castle is 42.1% cheaper than Westfield, a gap that translates to thousands of dollars per year in household expenses. New Castle has a cost index of 65 while Westfield sits at 112, 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 $797/month compared to $1,526/month in Westfield — a 48% difference. Home values follow the same pattern: New Castle is more affordable at $95,100 median vs $391,900.

Median household income in New Castle is $48,977 compared to $119,598 in Westfield (-59%). While Westfield 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 15.3% in Westfield.

Income & Cost

Cost of Living Index
New Castle
65
42% cheaper
Westfield
112
Median Household Income
New Castle
$48,977
Westfield
$119,598
59% higher

Housing

Median Rent
New Castle
$797
48% cheaper
Westfield
$1,526
Median Home Value
New Castle
$95,100
76% cheaper
Westfield
$391,900
Population
New Castle
17,356
Westfield
51,109

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
New Castle
Westfield $2.91
US $3.07
🥚
Eggs (grade A, large)
New Castle
Westfield $2.37
US $2.50
🥛
Milk (whole)
New Castle
Westfield $3.82
US $4.03
🍞
Bread (white)
New Castle
Westfield $1.75
US $1.85
🍗
Chicken breast
New Castle
Westfield $3.93
US $4.14
Electricity
New Castle
Westfield $0.16
US $0.19