Mount Carmel 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.
IndexMount CarmelPennsylvaniaNational
Cost of living index82102100
IndexMount CarmelPennsylvaniaNational
Goods & Services index103103100
Groceries index99105100
Health care index9497100
Housing index3593100
Transportation index101112100
Utilities index113112100
An overview of the general cost of living index for Mount Carmel, PA is displayed above for your reference. Residents in Mount Carmel, PA enjoy a cost of living index of 82. This index is 19% lower than the Pennsylvania average, and 18% lower than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in Mount Carmel, PA, the average cost of goods and services is 1% lower than it is in Pennsylvania, and it is 3% higher than the national average.

Did you know?

  • The cost of living in Mount Carmel is 19% lower than the Pennsylvania average.
  • The cost of living in Mount Carmel is 18% lower than the national average.
  • The cost of housing in Mount Carmel is 65% 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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Compare Mount Carmel, PA Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current salary in Mount Carmel, PA to any other city. The salary calculator will tell you how much you would need to earn in any given city to maintain the same standard of living based on the cost of living in each city. For example, if the cost of living in the city you are looking to relocate to is higher than the cost of living in Mount Carmel, PA, then you would need to earn more income in order to maintain the same standard of living. To use the Mount Carmel, PA salary calculator, simply enter in the name of the new city, then adjust the slider to your current income. The salary calculator will do the rest and let you know if you need to earn more or less in the new city. You will also see a complete breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$34,748$2,896$811$1,043
Renters$29,471$2,456$688$884
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Mount Carmel, 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 Mount Carmel, PA homeowners, is $34,748. This would allow for a maximum of $811 per month to be spent on housing costs. For renters, the median monthly income is $29,471 which would result in a maximum of $688 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%
The Pennsylvania sales tax and Pennsylvania income tax rates should definitely be considered when determining the overall cost of living in Mount Carmel, PA. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The Pennsylvania sales tax is 6% and the maximum surtax is 8%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The Pennsylvania income tax rates range from 3.07% to 3.07%.

Goods & Services

ItemMount CarmelNational 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%

Groceries

ItemMount CarmelNational 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

ItemMount CarmelNational 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%

Housing

ItemMount CarmelNational avg.Difference
Home Price $42,900.00$175,700.0075.6%
Avg. Mortgage Payment $1,025.12$1,081.035.2%
Apartment Rent $542.00$920.0041.1%

Transportation

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

Utilities

ItemMount CarmelNational 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.
Strong, PA281033%
Centralia, PA21033%
Heckscherville, PA15479-21%
Ranshaw, PA43180-20%
Wilburton Number Two, PA8181-19%
Mount Carmel, PA5,83382-18%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Oceanport, NJ5,83415858%
Homestead Meadows South, TX5,83180-20%
Old Tappan, NJ5,83519292%
Roseland, NJ5,83515656%
Mount Zion, IL5,83090-10%
Mount Carmel, PA5,83382-18%
Source: The Mount Carmel, PA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.