Newcastle, CA vs Phoenix Lake, CA

Phoenix Lake is moderately more affordable than Newcastle, with a 6.9% lower cost of living index. Newcastle scores 137 compared to 128 for Phoenix Lake, where the US average is 100. This difference means residents of Newcastle can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Newcastle is $1,633/month compared to $1,724/month in Phoenix Lake — a 5% difference. Interestingly, home values tell a different story: while Newcastle has cheaper rent, Phoenix Lake actually has lower median home values ($455,000 vs $596,400).

Median household income in Newcastle is $110,446 compared to $78,750 in Phoenix Lake (+40.2%). While Newcastle is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Newcastle spend roughly 17.7% of their income on rent, less than the 26.3% in Phoenix Lake.

Climate-wise, Newcastle is notably warmer with an average of 63.4°F compared to 49.5°F in Phoenix Lake. Phoenix Lake receives more rainfall at 40.4" per year compared to 19.2" in Newcastle.