The typical renter in Pennsylvania spends $915 a month on housing, $108 less than the $1,023 national median monthly rent. Monthly rent for a one-bedroom in the state is $767, while the typical rent for a unit with five or more bedrooms is $1,133.
What is the average cost of living in PA?
Average Cost of Living in Pennsylvania: $44,650 per year.
Is Pennsylvania high cost of living?
What Is the Average Cost of Living in Pennsylvania? The overall cost of living is PA was rated a 97, which is less than that of the entire nation. The cost of living is actually 10.5 percent lower than the U.S. average. The price of groceries in PA is slightly higher than in other parts of the state.
How affordable is Pennsylvania?
Our cost of living indices are based on a US average of 100. 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 |
How much does it cost to live in an apartment in Pennsylvania?
The average monthly rent for apartments in Pennsylvania is: Studio apartment: $700. One-bedroom apartment: $807. Two-bedroom apartment: $999.
What is a good salary in PA?
$44,693 is the 25th percentile. Salaries below this are outliers. $67,717 is the 75th percentile.
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.
Which state has 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.
What is middle class in PA?
In Pennsylvania, households must earn a minimum of $25,757 per year to be considered middle class, with the upper earnings boundary set at $121,862, according to a new 24/7 Wall St. analysis. The total share of household income in Pennsylvania controlled by middle-class earners is 45.8 percent, 24/7 Wall St. reports.
What is the cheapest place to live in Pennsylvania?
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.
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 electric bill in PA?
Electricity bills in Pennsylvania
In Pennsylvania, the average monthly electricity bill for residential consumers is $167/month, which is calculated by multiplying the average monthly consumption by the average rate for electricity: 1,153 kWh * 14 ¢/kWh.
Is it cheaper to live in PA or NY?
New York is 12.3% more expensive than Pennsylvania.
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 cheaper to live in PA or Florida?
Florida is 1.5% more expensive than Pennsylvania.
Is Pennsylvania a good state to live?
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.
How much money does a single person need to live comfortably?
This means a single person needs to make at least $66,434 after taxes to live comfortably. After their basic living expenses are covered, an individual could spend $19,930 on wants and set $13,287 aside for savings or debt paydown.
Is $18 an hour good?
The $18 per hour wage falls within the second and most common hourly rate range in the US. As it’s far enough from the minimum wage, it can be considered good money.
What is the average income for a single person in Pennsylvania?
Personal income in Pennsylvania – income per capita 2000-2021. In 2021, the per capita personal income in Pennsylvania was 64,054 U.S. dollars. Per capita personal income is calculated as the personal income of the residents of a given area divided by the resident population of the area.
What do you need to rent in PA?
In order to afford rent, NLIHC projects that a Pennsylvania household must earn $39,992 annually.
How much does Section 8 pay for 3 bedroom in PA?
Section 8 Payment Standards – 11/1/2021
| 1 Bedroom | $800.00 | $863.00 |
| 2 Bedroom | $1044.00 | $1126.00 |
| 3 Bedroom | $1274.00 | $1430.00 |
| 4 Bedroom | $1,429.00 | $1,556.00 |
| 5 Bedroom | $1,627.00 | $1,789.00 |