Cost of living in New Castle, IN

New Castle is a Census city in Henry County, IN. ACS 2024 5-year population is 17,367. Median gross rent is $781 (ACS 2024 5-year, this place). Median home value is $98,000. Median household income is $51,606. Insurance is the NAIC state average; food is a USDA plan — no town indexes.