New Freedom, PA Cost Of Living

New Freedom 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.
Index	New Freedom	Pennsylvania	National
Cost of living index	112	100	100
Index	New Freedom	Pennsylvania	National
Goods & Services index	106	100	100
Groceries index	107	105	100
Health care index	92	92	100
Housing index	128	91	100
Transportation index	103	108	100
Utilities index	107	111	100

An overview of the general cost of living index for New Freedom, PA is displayed above for your reference. Residents in New Freedom, PA enjoy a cost of living index of 112. This index is 12% higher than the Pennsylvania average, and 12% higher 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 New Freedom, PA, the average cost of goods and services is 5% higher than it is in Pennsylvania, and it is 6% higher than the national average.

Did you know?

The cost of living in New Freedom is 12% higher than the Pennsylvania average.
The cost of living in New Freedom is 12% higher than the national average.
The cost of housing in New Freedom is 28% 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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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 is meant to help you compare your salary in New Freedom, PA to your potential earning power in another city. This can help you deduce what your salary would need to be in any given city in order for you to live the same lifestyle that you do in your current city. In other words, if you plan on moving to a city where the cost of living is higher than in New Freedom, PA, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the New Freedom, PA salary calculator, simply input the new city, then move the adjustable slider to match your current income. Once you've selected your income, the calculator will determine if that income is sufficient to support your standard of living in the new city you entered. The calculator will also supply you with a rundown of living costs in the new city.

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$94,857	$7,905	$2,213	$2,846
Renters	$43,018	$3,585	$1,004	$1,291

The percent of monthly income spent on housing can be a good indicator of the affordability of housing in New Freedom, 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 New Freedom, PA homeowners, is $94,857. This would allow for a maximum of $2,213 per month to be spent on housing costs. For renters, the median monthly income is $43,018 which would result in a maximum of $1,004 to be spent on rental costs.

Pennsylvania Sales Tax

State	General Sales Tax	With Max Surtax
Pennsylvania	6%	8%

Pennsylvania Income Tax

State	Income Tax (Low)	Income Tax (High)
Pennsylvania	3.07%	3.07%

When considering the overall cost of living expenses in New Freedom, PA, it's important to take into account the sales tax for Pennsylvania, as well as the rate for income tax in Pennsylvania. Goods and services sold to consumers in any state have some form of sales tax. Each state has its own tax code, which means that sales tax rates vary from state to state, ranging from over 7% in some states to as low as 0% in others. The maximum surtax for Pennsylvania is 8%, and the sales tax in the state of Pennsylvania is 6%. Alternatively, the tax imposed on your income by the state government is known as income tax. The rate for this tax also varies from state to state, and your rate is affected by your tax bracket, which is determined by your level of income. Income tax rates might be as high as 9%, down to as low as 0%. The range for income tax rates in Pennsylvania starts from 3.07% and goes up to 3.07%.

Goods & Services

Item	New Freedom	National avg.	Difference
Haircut	$19.44	$16.09	20.9%
Beauty Salon	$54.28	$37.33	45.4%
Toothpaste	$3.43	$2.45	40.0%
Shampoo	$1.12	$1.00	12.3%
Movie	$12.83	$10.28	24.8%
Bowling	$5.54	$4.93	12.4%

Groceries

Item	New Freedom	National avg.	Difference
Ground Beef	$4.46	$3.80	17.2%
Fried Chicken	$1.70	$1.40	21.9%
Milk	$2.89	$2.01	43.9%
Potatoes	$4.04	$3.01	34.2%
Pizza	$10.50	$9.89	6.2%
Beer	$10.49	$8.90	17.9%

Health Care

Item	New Freedom	National avg.	Difference
Optometrist	$75.77	$102.16	25.8%
Doctor	$87.18	$108.36	19.5%
Dentist	$83.13	$92.53	10.2%
Ibuprofen	$10.69	$9.28	15.2%
Lipitor	$448.22	$425.82	5.3%

Housing

Item	New Freedom	National avg.	Difference
Home Price	$252,600.00	$184,700.00	36.8%
Avg. Mortgage Payment	$1,748.91	$1,202.44	45.4%
Apartment Rent	$1,012.00	$949.00	6.6%

Transportation

Item	New Freedom	National avg.	Difference
Gasoline	$2.21	$2.24	1.4%
Tire Balancing	$52.00	$46.29	12.3%

Utilities

Item	New Freedom	National avg.	Difference
All Electricity	$182.48	$165.96	10.0%
Phone	$29.99	$28.68	4.6%

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, State	Population	Cost of Living Index	National Avg.
Jefferson borough (Greene County), PA	252	89	-11%
Valley View CDP (Schuylkill County), PA	1,592	90	-10%
New Salem CDP, PA	446	90	-10%
Windsor, PA	1,316	91	-9%
Yoe, PA	994	91	-9%
New Freedom, PA	4,569	112	12%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Huber Ridge, OH	4,569	91	-9%
Brisbane, CA	4,568	184	84%
Whitmore Village, HI	4,570	168	68%
Russell, KS	4,570	79	-21%
Ardsley, NY	4,570	163	63%
New Freedom, PA	4,569	112	12%

Source: The New Freedom, PA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.

New Freedom, PA Cost of Living