Ancient Oaks cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexAncient OaksPennsylvaniaNational
Cost of living index127102100
IndexAncient OaksPennsylvaniaNational
Goods & Services index115103100
Groceries index117105100
Health care index9997100
Housing index15493100
Transportation index117112100
Utilities index121112100
Here we can see a simple outline of the cost of living in Ancient Oaks, PA. As you can see, with the average cost of living in Ancient Oaks, PA being 127, that puts it 25% higher than the average of Pennsylvania and 27% higher than our nation's average. This simple outline of the cost of living index was formulated using prices of: goods and services (weighted 33%), housing prices (weighted 30%), groceries (weighted 13%), utilities (weighted 10%), transportation (weighted 9%), and health care (weighted 5%). Thus, goods/services, along with housing influences the majority of the cost of living index. The price of daily goods and services is a valuable and reliable number to be aware of when considering the general price of the city's goods. In the case of Ancient Oaks, PA, the price of goods and services are 11% higher than the average of Pennsylvania as well as 15% higher than the nation's average.

Did you know?

  • The cost of living in Ancient Oaks is 25% higher than the Pennsylvania average.
  • The cost of living in Ancient Oaks is 27% higher than the national average.
  • The cost of housing in Ancient Oaks is 54% higher than the national average.
  • Pennsylvania general sales tax is 18% higher than the national average.
  • Pennsylvania state income tax is 38% higher than the national average.

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Compare Ancient Oaks, PA Cost of living To Other Cities

Salary Calculator

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The salary calculator is used in order to provide a comparison of your current salary in Ancient Oaks, PA to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to Ancient Oaks, PA, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Ancient Oaks, PA salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$89,875$7,490$2,097$2,697
Renters$58,365$4,864$1,362$1,751
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Ancient Oaks, PA as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Ancient Oaks, PA homeowners, is $89,875. This would allow for a maximum of $2,097 per month to be spent on housing costs. For renters, the median monthly income is $58,365 which would result in a maximum of $1,362 to be spent on rental costs.

Pennsylvania Sales Tax

StateGeneral Sales TaxWith Max Surtax
Pennsylvania6%8%

Pennsylvania Income Tax

StateIncome Tax (Low)Income Tax (High)
Pennsylvania3.07%3.07%
When you are determining the total cost of living in Ancient Oaks, PA you will want to make sure you consider both the Pennsylvania sales tax and the Pennsylvania income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in Pennsylvania is 6%, with the highest surtax being 8%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in Pennsylvania have a range from 3.07% to 3.07%.

Goods & Services

ItemAncient OaksNational avg.Difference
Haircut $17.50$14.5919.9%
Beauty Salon $52.00$34.6849.9%
Toothpaste $2.36$2.474.6%
Shampoo $0.99$1.023.1%
Movie $10.75$9.878.9%
Bowling $5.04$4.3914.8%

Groceries

ItemAncient OaksNational avg.Difference
Ground Beef $4.74$4.485.9%
Fried Chicken $1.69$1.4615.4%
Milk $2.25$2.364.5%
Potatoes $3.49$3.0614.0%
Pizza $10.74$9.2416.2%
Beer $8.39$8.632.8%

Health Care

ItemAncient OaksNational avg.Difference
Optometrist $106.00$99.786.2%
Doctor $118.75$105.0313.1%
Dentist $95.00$88.707.1%
Ibuprofen $9.89$9.415.1%
Lipitor $200.00$298.5033.0%

Housing

ItemAncient OaksNational avg.Difference
Home Price $276,600.00$175,700.0057.4%
Avg. Mortgage Payment $1,419.25$1,081.0331.3%
Apartment Rent $1,337.00$920.0045.3%

Transportation

ItemAncient OaksNational avg.Difference
Gasoline $2.46$2.0917.6%
Tire Balancing $52.00$45.2914.8%

Utilities

ItemAncient OaksNational avg.Difference
All Electricity$186.98$170.809.5%
Phone $38.50$28.2636.3%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
DeSales University, PA86311515%
Kutztown University, PA2,01611515%
Hereford, PA70984-16%
Walnuttown, PA37099-1%
Alsace Manor, PA2851011%
Ancient Oaks, PA7,31212727%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Parkwood, WA7,31211212%
Hastings, MI7,31382-18%
Hood River, OR7,31112626%
Pikeville, KY7,31394-6%
Mead, WA7,31494-6%
Ancient Oaks, PA7,31212727%
Source: The Ancient Oaks, PA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.