Hershey 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.
Cost of living index109102100
Goods & Services index103103100
Groceries index99105100
Health care index9497100
Housing index12493100
Transportation index101112100
Utilities index113112100
Here we can see a simple outline of the cost of living in Hershey, PA. As you can see, with the average cost of living in Hershey, PA being 109, that puts it 7% higher than the average of Pennsylvania and 9% 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 Hershey, PA, the price of goods and services are 1% lower than the average of Pennsylvania as well as 3% higher than the nation's average.

Did you know?

  • The cost of living in Hershey is 7% higher than the Pennsylvania average.
  • The cost of living in Hershey is 9% higher than the national average.
  • The cost of housing in Hershey is 24% 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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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 Hershey, 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 Hershey, PA, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Hershey, 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)
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Hershey, 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 Hershey, PA homeowners, is $88,162. This would allow for a maximum of $2,057 per month to be spent on housing costs. For renters, the median monthly income is $37,076 which would result in a maximum of $865 to be spent on rental costs.

Pennsylvania Sales Tax

StateGeneral Sales TaxWith Max Surtax

Pennsylvania Income Tax

StateIncome Tax (Low)Income Tax (High)
When you are determining the total cost of living in Hershey, 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

ItemHersheyNational avg.Difference
Haircut $12.80$14.5912.3%
Beauty Salon $31.83$34.688.2%
Toothpaste $2.33$2.475.8%
Shampoo $0.98$1.024.1%
Movie $9.00$9.878.8%
Bowling $4.33$4.391.4%


ItemHersheyNational avg.Difference
Ground Beef $4.93$4.4810.1%
Fried Chicken $1.60$1.469.3%
Milk $2.10$2.3610.9%
Potatoes $3.08$3.060.6%
Pizza $6.99$9.2424.4%
Beer $10.94$8.6326.7%

Health Care

ItemHersheyNational avg.Difference
Optometrist $82.60$99.7817.2%
Doctor $90.75$105.0313.6%
Dentist $85.00$88.704.2%
Ibuprofen $8.47$9.4110.0%
Lipitor $314.48$298.505.4%


ItemHersheyNational avg.Difference
Home Price $238,600.00$175,700.0035.8%
Avg. Mortgage Payment $1,025.12$1,081.035.2%
Apartment Rent $876.00$920.004.8%


ItemHersheyNational avg.Difference
Gasoline $2.20$2.095.2%
Tire Balancing $40.80$45.299.9%


ItemHersheyNational avg.Difference
All Electricity$183.86$170.807.6%
Phone $34.18$28.2621.0%
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, PA761033%
Jonestown, PA7985-15%
Fredericksburg, PA54586-14%
New Market, PA54687-13%
Oberlin, PA46789-11%
Hershey, PA14,1721099%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Manorville, NY14,16914848%
Kilgore, TX14,17890-10%
Mill Valley, CA14,178222122%
Warsaw, IN14,17985-15%
Stallings, NC14,1851066%
Hershey, PA14,1721099%
Source: The Hershey, PA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.