New Castle, PA vs Parkville, PA

The cost of living difference between New Castle, PA and Parkville, PA is dramatic. New Castle is 30.6% cheaper than Parkville, a gap that translates to thousands of dollars per year in household expenses. New Castle has a cost index of 60 while Parkville sits at 87, 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 $698/month compared to $1,181/month in Parkville — a 41% difference. Home values follow the same pattern: New Castle is more affordable at $72,000 median vs $207,100.

Median household income in New Castle is $41,478 compared to $74,509 in Parkville (-44.3%). While Parkville 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 20.2% of their income on rent, more than the 19% in Parkville.