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Newcastle, WY vs Torrington, WY

67
Newcastle
Wyoming
VS
-7.6%
73
Torrington
Wyoming

Newcastle is moderately more affordable than Torrington, with a 7.6% lower cost of living index. Newcastle scores 67 compared to 73 for Torrington, where the US average is 100. This difference means residents of Torrington can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Newcastle is $711/month compared to $816/month in Torrington — a 13% difference. Home values follow the same pattern: Newcastle is more affordable at $173,500 median vs $194,100.

Median household income in Newcastle is $77,014 compared to $53,393 in Torrington (+44.2%). Newcastle offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Newcastle spend roughly 11.1% of their income on rent, less than the 18.3% in Torrington.

Income & Cost

Cost of Living Index
Newcastle
67
8% cheaper
Torrington
73
Median Household Income
Newcastle
$77,014
31% higher
Torrington
$53,393

Housing

Median Rent
Newcastle
$711
13% cheaper
Torrington
$816
Median Home Value
Newcastle
$173,500
11% cheaper
Torrington
$194,100
Population
Newcastle
3,348
Torrington
6,174

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Newcastle $2.99
Torrington
US $3.07
🥚
Eggs (grade A, large)
Newcastle $2.44
Torrington
US $2.50
🥛
Milk (whole)
Newcastle $3.92
Torrington
US $4.03
🍞
Bread (white)
Newcastle $1.80
Torrington
US $1.85
🍗
Chicken breast
Newcastle $4.03
Torrington
US $4.14
Electricity
Newcastle $0.15
Torrington
US $0.19