Homewood 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.
IndexHomewoodPennsylvaniaNational
Cost of living index75102100
IndexHomewoodPennsylvaniaNational
Goods & Services index89103100
Groceries index78105100
Health care index8497100
Housing index4693100
Transportation index92112100
Utilities index93112100

Did you know?

  • The cost of living in Homewood is 26% lower than the Pennsylvania average.
  • The cost of living in Homewood is 25% lower than the national average.
  • The cost of housing in Homewood is 54% lower 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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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$53,500$4,458$1,248$1,605
Renters$30,625$2,552$715$919

Pennsylvania Sales Tax

StateGeneral Sales TaxWith Max Surtax
Pennsylvania6%8%

Pennsylvania Income Tax

StateIncome Tax (Low)Income Tax (High)
Pennsylvania3.07%3.07%

Goods & Services

ItemHomewoodNational avg.Difference
Haircut $12.20$14.5916.4%
Beauty Salon $25.60$34.6826.2%
Toothpaste $1.91$2.4722.8%
Shampoo $0.81$1.0220.7%
Movie $9.50$9.873.7%
Bowling $3.20$4.3927.1%

Groceries

ItemHomewoodNational avg.Difference
Ground Beef $3.59$4.4819.8%
Fried Chicken $1.07$1.4626.9%
Milk $1.50$2.3636.4%
Potatoes $1.58$3.0648.4%
Pizza $9.00$9.242.6%
Beer $8.99$8.634.1%

Health Care

ItemHomewoodNational avg.Difference
Optometrist $83.80$99.7816.0%
Doctor $72.40$105.0331.1%
Dentist $70.60$88.7020.4%
Ibuprofen $7.51$9.4120.2%
Lipitor $319.82$298.507.1%

Housing

ItemHomewoodNational avg.Difference
Home Price $66,700.00$175,700.0062.0%
Avg. Mortgage Payment $765.19$1,081.0329.2%
Apartment Rent $592.00$920.0035.7%

Transportation

ItemHomewoodNational avg.Difference
Gasoline $2.00$2.094.6%
Tire Balancing $36.78$45.2918.8%

Utilities

ItemHomewoodNational avg.Difference
All Electricity$137.52$170.8019.5%
Phone $31.43$28.2611.2%
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.
S.N.P.J., PA1665-35%
Negley, OH18672-28%
Glasgow, PA6383-17%
Lake Arthur Estates, PA61383-17%
East Liverpool, OH11,06584-16%
Homewood, PA10775-25%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Hannaford, ND10775-25%
Manitou, KY10776-24%
Ward, CO1071011%
Millard, MO10778-22%
Rockville, NE10773-27%
Homewood, PA10775-25%
Source: The Homewood, PA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.