Cornwall 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.
IndexCornwallPennsylvaniaNational
Cost of living index117100100
IndexCornwallPennsylvaniaNational
Goods & Services index10099100
Groceries index97102100
Health care index9090100
Housing index15393100
Transportation index100109100
Utilities index113115100
A general summary of the cost of living index in Cornwall, PA is shown above. Compared to the state average of Pennsylvania the cost of living index in Cornwall, PA is 117, which is 17% higher than the average in Pennsylvania and compared to the national average it is 17% higher than. The cost of living index is made up of several categories. These are transportation at 9%, utilities at 10%, goods and services at 33%, housing at 30%, groceries at 13%, and health care at 5%. The bulk of the cost of living index comes from the categories of goods and services and housing. If you look at everyday goods and services they can be a good indicator in a certain city of the general costs of goods there. In Cornwall, PA goods and services come in at 2% higher than the average in Pennsylvania and are equal to compared to the nationwide average.

Did you know?

  • The cost of living in Cornwall is 17% higher than the Pennsylvania average.
  • The cost of living in Cornwall is 17% higher than the national average.
  • The cost of housing in Cornwall is 53% 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 Cornwall, 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
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The salary calculator is used in order to provide a comparison of your current salary in Cornwall, 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 Cornwall, PA, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Cornwall, 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$86,250$7,188$2,012$2,588
Renters$58,550$4,879$1,366$1,757
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Cornwall, 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 Cornwall, PA homeowners, is $86,250. This would allow for a maximum of $2,012 per month to be spent on housing costs. For renters, the median monthly income is $58,550 which would result in a maximum of $1,366 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%
One thing to keep in mind when considering the cost of living in Cornwall, PA is the Pennsylvania sales tax and Pennsylvania income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The Pennsylvania sales tax rate is 6% and the maximum surtax that can be charged is 8%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The Pennsylvania income tax rates range from 3.07% to 3.07%.

Goods & Services

ItemCornwallNational avg.Difference
Haircut $13.00$15.5616.5%
Beauty Salon $30.83$36.1114.6%
Toothpaste $2.25$2.479.0%
Shampoo $0.98$0.961.9%
Movie $9.11$10.1310.0%
Bowling $4.30$4.749.1%

Groceries

ItemCornwallNational avg.Difference
Ground Beef $4.32$3.988.5%
Fried Chicken $1.46$1.413.8%
Milk $1.89$2.068.3%
Potatoes $3.49$2.9816.9%
Pizza $6.99$9.4726.2%
Beer $10.94$8.7924.4%

Health Care

ItemCornwallNational avg.Difference
Optometrist $88.69$101.0412.2%
Doctor $92.98$107.4413.5%
Dentist $77.23$90.4214.6%
Ibuprofen $8.75$9.285.7%
Lipitor $437.76$426.502.6%

Housing

ItemCornwallNational avg.Difference
Home Price $221,500.00$175,700.0026.1%
Avg. Mortgage Payment $1,023.97$1,133.239.6%
Apartment Rent $2,001.00$920.00117.5%

Transportation

ItemCornwallNational avg.Difference
Gasoline $2.13$1.997.0%
Tire Balancing $38.58$45.7615.7%

Utilities

ItemCornwallNational avg.Difference
All Electricity$170.91$163.814.3%
Phone $35.44$28.3924.9%
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.
Fort Indiantown Gap, PA761011%
Brownstown, PA71183-17%
Jonestown, PA7984-16%
Fredericksburg, PA54585-15%
Lebanon, PA25,55388-12%
Cornwall, PA4,16611717%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Buhl, ID4,16683-17%
Caro, MI4,16489-11%
Mount Hermon, VA4,16485-15%
South Chicago Heights, IL4,16488-12%
Aldan, PA4,1641088%
Cornwall, PA4,16611717%
Source: The Cornwall, PA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.