An amount below 100 means Pennsylvania is cheaper than the US average.
Pennsylvania cost of living is 92.5.
| COST OF LIVING | Pennsylvania | United States |
|---|---|---|
| Overall | 92.5 | 100 |
| Grocery | 100.3 | 100 |
| Health | 97 | 100 |
| Housing | 75.1 | 100 |
Is Pennsylvania an affordable state to live in?
Pennsylvania is one of the least expensive U.S. states to live in. HomeSnacks.com ranked the Keystone State as the 19th cheapest among U.S. states, with an average living wage of $53,884. That isn’t surprising with plenty of options for Pennsylvania residents looking to save some money.
Is it expensive to live in Pennsylvania?
The cost of living in Pennsylvania is 3% higher than the national average. Housing is 1% lower than the national average, while utilities are 10% higher. When it comes to basic necessities such as food and clothing, groceries are around 2% higher than in the rest of the country, while clothing costs 2% higher.
How much do you need to live in Pennsylvania?
Typical Expenses
| 1 ADULT | 2 ADULTS (1 WORKING) | |
|---|---|---|
| 0 Children | 1 Child | |
| Required annual income after taxes | $28,778 | $52,850 |
| Annual taxes | $5,903 | $10,840 |
| Required annual income before taxes | $34,680 | $63,690 |
Where does Pennsylvania rank in cost of living?
27
MERIC derives the cost of living index for each state by averaging the indices of participating cities and metropolitan areas in that state.
2022 First Quarter Cost of Living.
| Rank | 1 | 27 |
|---|---|---|
| State | Mississippi | Pennsylvania |
| Index | 83.1 | 97.5 |
| Grocery | 92.3 | 105.9 |
| Housing | 63.8 | 85.5 |
What state has the lowest cost of living?
Mississippi
Mississippi. Mississippi has the lowest cost of living in the United States. With a cost of living index of 83.3, expenses are nearly 17% less than the national average. Mississippi’s housing costs are the lowest in the nation.
Is it cheaper to live in PA or NY?
New York is 12.3% more expensive than Pennsylvania.
Is it cheaper to live in PA or NJ?
New Jersey is 15.8% more expensive than Pennsylvania.
Is PA a good state to live in?
Pennsylvania ranked favorably at number 10 overall with a combined score of 59.21/100. The state also claimed second in the quality of life, seventh in safety, but 25th in health and education, 30th in affordability and 42nd in economy.
Why is rent so high in PA?
“It’s very competitive and apartments are in very high demand,” said Brian Carberry, managing editor for Rent.com. That demand is leading to huge rental pricing increases over the past year.
What is the average hourly wage in PA?
$20
Hourly Salary in Pennsylvania
| Annual Salary | Hourly Wage | |
|---|---|---|
| Top Earners | $56,430 | $27 |
| 75th Percentile | $39,727 | $19 |
| Average | $40,843 | $20 |
| 25th Percentile | $24,829 | $12 |
How much does it cost to live comfortably in PA?
Average Cost of Living in Pennsylvania: $44,650 per year
If you’re looking to live in the tri-state area, though, Pennsylvania may just be your best bet: By the same set of data, neighboring New York is, unsurprisingly, 48th on the list, and New Jersey, in 42nd place, isn’t doing a whole lot better.
What is the average rent in Pennsylvania?
The average apartment rent was $1,468 in February, up $46 since last year, according to apartment data from Yardi Matrix. February apartment rents maintained the same pace as in January, rising by 3.2% year-over-year.
What is the best state to live in financially?
Alaska is the top state for fiscal stability. It’s followed by South Dakota, Tennessee, Idaho and Utah to round out the top five. Half of the 10 states with the best fiscal stability also rank among the top 10 Best States overall.
What are the 10 most expensive states to live in?
Here are the 10 states with the highest cost index:
- Hawaii (193.3)
- New York (148.2)
- California (142.2)
- Massachusetts (135)
- Oregon (130.1)
- Alaska (127.1)
- Maryland (124)
- Connecticut (121.6)
Are houses expensive in Pennsylvania?
Pennsylvania is a relatively affordable place to buy a home. Even the most expensive market in the state — where homes cost an average 3.5 times the median gross income — is more affordable than the average American market, according to the latest Demographia International Housing Affordability Survey.
What is the most expensive state to live in 2022?
The Most Expensive States to Live in 2022
- Hawaii.
- California.
- Massachusetts.
- New Jersey.
- Connecticut.
What states have the cheapest apartments?
States With the Most Affordable Housing
- Iowa.
- Ohio.
- Indiana.
- Pennsylvania.
- Nebraska.
- North Dakota.
- Oklahoma.
- West Virginia.
What is the cheapest major city to live in?
Most Affordable Major Cities in the U.S.
- Salt Lake City, Utah. Cost of living: 6% below U.S. average Median home price: $320,281.
- South Bend, Indiana. Cost of living: 8% below U.S. average Median home price: $314,035.
- Richmond, Virginia.
- Boise, Idaho.
- Birmingham, Alabama.
- Lawton, Oklahoma.
- Montgomery, Alabama.
- Des Moines, Iowa.
Is Pennsylvania a poor state?
Outside of the Philadelphia, Pittsburgh, and Harrisburg metropolitan areas, Pennsylvania is a relatively poorer state, especially in the northern areas and the Appalachian Mountains; only 22% of Pennsylvania places have per capita incomes higher than the national per capita income, and 11.0% of the population lives
What is the cheapest place to live in PA?
10 Most Affordable Places to Live in Pennsylvania
- Republic. With only 1,000 residents, Republic has one of the lowest populations and cost of living in Pennsylvania.
- Oil City. Oil City sits less than an hour from Cleveland, with a population of 10,000.
- Pottsville.
- Greenville.
- Vandergrift.
- West Mifflin.
- Warren.
- New Brighton.