Bridgeport 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.
IndexBridgeportPennsylvaniaNational
Cost of living index114102100
IndexBridgeportPennsylvaniaNational
Goods & Services index115103100
Groceries index117105100
Health care index9997100
Housing index11193100
Transportation index117112100
Utilities index121112100
A general overview of the cost of living index for Bridgeport, PA is displayed above. In Bridgeport, PA, the overall cost of living index is 114, which is 12% higher than the Pennsylvania average and 14% higher than the U.S. average. The following categories are used to calculate the overall cost of living index: goods/services (33%), housing (30%), groceries (13%), utilities (10%), transportation (9%) and health care (5%). From the list, it is clear that the categories of goods/services and housing are responsible for the largest portions of the overall cost of living index. As a general rule, everyday goods and services provide an accurate measure of the general cost of goods in any given city. In the case of Bridgeport, PA, the city's goods and services are 11% higher than the Pennsylvania average and 15% higher than the U.S. average.

Did you know?

  • The cost of living in Bridgeport is 12% higher than the Pennsylvania average.
  • The cost of living in Bridgeport is 14% higher than the national average.
  • The cost of housing in Bridgeport is 11% 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.

Find Real Estate Listings In Bridgeport

Location
Price
Bedrooms
Bathrooms
 

New Real Estate Listings In Bridgeport

Compare Bridgeport, PA Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator allows you to compare how much your current salary in Bridgeport, PA would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Bridgeport, PA, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Bridgeport, PA salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$82,716$6,893$1,930$2,482
Renters$41,201$3,433$961$1,236
One can approximate the cost of living and the housing affordability in Bridgeport, PA by the percentage of a person’s income that he or she spends on the monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side and keep one’s head above the water, a consumer should never spend more than 28 percent of his or her gross income on housing-related expenses and costs and not more than 36 percent of income on all expenses and debts. Homeowners in Bridgeport, PA have a median income of $82,716. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,930 per month to avoid calamity and poverty. The renters in the city have an income of about $41,201, which would make their monthly maximum allowable rental costs $961.

Pennsylvania Sales Tax

StateGeneral Sales TaxWith Max Surtax
Pennsylvania6%8%

Pennsylvania Income Tax

StateIncome Tax (Low)Income Tax (High)
Pennsylvania3.07%3.07%
When assessing the complete cost of living in Bridgeport, PA, the Pennsylvania income tax and the Pennsylvania sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The Pennsylvania maximum surtax is 8%, and the Pennsylvania sales tax is 6%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 3.07% to 3.07% in Pennsylvania.

Goods & Services

ItemBridgeportNational 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

ItemBridgeportNational 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

ItemBridgeportNational 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

ItemBridgeportNational avg.Difference
Home Price $202,200.00$175,700.0015.1%
Avg. Mortgage Payment $1,419.25$1,081.0331.3%
Apartment Rent $937.00$920.001.8%

Transportation

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

Utilities

ItemBridgeportNational 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.
Cheyney University, PA9291066%
Arcadia University, PA62311515%
Audubon Park, NJ1,05196-4%
Camden, NJ77,294100-0%
Eagleville, PA2921000%
Bridgeport, PA4,57311414%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
North Windham, ME4,57311313%
Morada, CA4,57314242%
West Bay Shore, NY4,57115353%
Glen Head, NY4,57517373%
Redland, AL4,5711066%
Bridgeport, PA4,57311414%
Source: The Bridgeport, PA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.