Mount Pleasant 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 PleasantPennsylvaniaNational
Cost of living index90102100
IndexMount PleasantPennsylvaniaNational
Goods & Services index97103100
Groceries index100105100
Health care index9597100
Housing index6193100
Transportation index120112100
Utilities index108112100
Displayed above is a general overview of the Mount Pleasant, PA cost of living index. The overall cost of living index in Mount Pleasant, PA is 90, which is 12% lower than the Pennsylvania average and 10% lower than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Mount Pleasant, PA are 6% lower than the Pennsylvania average and 3% lower than the national average.

Did you know?

  • The cost of living in Mount Pleasant is 12% lower than the Pennsylvania average.
  • The cost of living in Mount Pleasant is 10% lower than the national average.
  • The cost of housing in Mount Pleasant is 39% 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.

Find Real Estate Listings In Mount Pleasant

Location
Price
Bedrooms
Bathrooms
 

New Real Estate Listings In Mount Pleasant

Compare Mount Pleasant, 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
Use the salary calculator to compare your current income in Mount Pleasant, PA to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of Mount Pleasant, PA, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Mount Pleasant, PA salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$50,912$4,243$1,188$1,528
Renters$23,720$1,977$553$712
One can approximate the cost of living and the housing affordability in Mount Pleasant, 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 Mount Pleasant, PA have a median income of $50,912. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,188 per month to avoid calamity and poverty. The renters in the city have an income of about $23,720, which would make their monthly maximum allowable rental costs $553.

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 Mount Pleasant, 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

ItemMount PleasantNational avg.Difference
Haircut $13.25$14.599.2%
Beauty Salon $37.49$34.688.1%
Toothpaste $1.74$2.4729.6%
Shampoo $0.99$1.023.1%
Movie $8.65$9.8712.3%
Bowling $3.95$4.3910.1%

Groceries

ItemMount PleasantNational avg.Difference
Ground Beef $4.89$4.489.2%
Fried Chicken $1.72$1.4617.5%
Milk $2.04$2.3613.4%
Potatoes $3.49$3.0614.0%
Pizza $8.70$9.245.9%
Beer $9.99$8.6315.7%

Health Care

ItemMount PleasantNational avg.Difference
Optometrist $87.00$99.7812.8%
Doctor $89.83$105.0314.5%
Dentist $82.00$88.707.6%
Ibuprofen $9.92$9.415.4%
Lipitor $325.87$298.509.2%

Housing

ItemMount PleasantNational avg.Difference
Home Price $103,400.00$175,700.0041.1%
Avg. Mortgage Payment $963.99$1,081.0310.8%
Apartment Rent $603.00$920.0034.5%

Transportation

ItemMount PleasantNational avg.Difference
Gasoline $2.56$2.0922.4%
Tire Balancing $51.54$45.2913.8%

Utilities

ItemMount PleasantNational avg.Difference
All Electricity$200.47$170.8017.4%
Phone $26.50$28.266.2%
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.
St. Vincent College, PA1,2991033%
Seven Springs, PA1678-22%
Star Junction, PA54482-18%
Rowes Run, PA33684-16%
Smock, PA55784-16%
Mount Pleasant, PA4,43190-10%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Buckley, WA4,43011313%
Nolanville, TX4,42989-11%
Shelley, ID4,42884-16%
Marietta-Alderwood, WA4,43512020%
Sykesville, MD4,42612020%
Mount Pleasant, PA4,43190-10%
Source: The Mount Pleasant, PA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.