Old Forge 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.
IndexOld ForgePennsylvaniaNational
Cost of living index95102100
IndexOld ForgePennsylvaniaNational
Goods & Services index100103100
Groceries index104105100
Health care index11297100
Housing index7593100
Transportation index123112100
Utilities index91112100
The above illustration supplies generalized information for the Old Forge, PA cost of living index. Compared to other cities in Pennsylvania and cities across the country, the cost of living index in Old Forge, PA is 95, which is 7% lower than the Pennsylvania average and 5% lower than that for the entire country. The index is comprised of the following criteria: cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of public/private transportation (9%) and utilities (10%). Everyday goods and services, along with housing account for 63 percent of the total cost of living index. Goods and services that are a necessity regardless of location provide an accurate general sense of the cost of living in one city versus another. As seen above, the cost of retail goods and services in Old Forge, PA are 3% lower than the average for Pennsylvania and equal to the rest of the country.

Did you know?

  • The cost of living in Old Forge is 7% lower than the Pennsylvania average.
  • The cost of living in Old Forge is 5% lower than the national average.
  • The cost of housing in Old Forge is 25% 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 Old Forge, PA Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current salary in Old Forge, 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 Old Forge, PA, then you would need to earn more income in order to maintain the same standard of living. To use the Old Forge, 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$60,804$5,067$1,419$1,824
Renters$24,688$2,057$576$741
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Old Forge, PA, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In Old Forge, PA homeowners have a median income of $60,804. Using that number, you will come up with a maximum of $1,419 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $24,688, which means there is a maximum of $576 to be spent on the costs of renting a home or apartment.

Pennsylvania Sales Tax

StateGeneral Sales TaxWith Max Surtax
Pennsylvania6%8%

Pennsylvania Income Tax

StateIncome Tax (Low)Income Tax (High)
Pennsylvania3.07%3.07%
For those who live in Old Forge, PA and want to know what the true cost of living is, they ought to look at both the Pennsylvania income tax rate and the Pennsylvania sales tax rate. By sales tax, we mean the taxes that are included whenever a person is purchasing any goods or services. The amount that is taxed depends upon the particular state, where some states have a sales tax of zero percent while others can have a tax higher than seven percent. In Pennsylvania, the sales tax is 6%, while the most you'll pay in surtax is 8%. There is also income tax to consider, which is based upon the amount of money made in a year. Just like sales tax, income tax depends upon the particular state but also depends upon what tax bracket the person is in. Income tax for the state can be higher than nine percent in some states to zero percent in others. For those that live in Pennsylvania, the income tax rate ranges between 3.07% to 3.07%.

Goods & Services

ItemOld ForgeNational avg.Difference
Haircut $15.75$14.597.9%
Beauty Salon $34.25$34.681.2%
Toothpaste $3.08$2.4724.5%
Shampoo $1.51$1.0247.7%
Movie $10.50$9.876.4%
Bowling $4.00$4.398.9%

Groceries

ItemOld ForgeNational avg.Difference
Ground Beef $4.41$4.481.5%
Fried Chicken $1.62$1.4610.7%
Milk $1.90$2.3619.4%
Potatoes $3.24$3.065.8%
Pizza $8.00$9.2413.4%
Beer $9.59$8.6311.1%

Health Care

ItemOld ForgeNational avg.Difference
Optometrist $109.00$99.789.2%
Doctor $143.69$105.0336.8%
Dentist $87.00$88.701.9%
Ibuprofen $9.48$9.410.7%
Lipitor $320.90$298.507.5%

Housing

ItemOld ForgeNational avg.Difference
Home Price $133,400.00$175,700.0024.1%
Avg. Mortgage Payment $1,281.68$1,081.0318.6%
Apartment Rent $678.00$920.0026.3%

Transportation

ItemOld ForgeNational avg.Difference
Gasoline $2.63$2.0926.0%
Tire Balancing $51.93$45.2914.7%

Utilities

ItemOld ForgeNational avg.Difference
All Electricity$179.24$170.804.9%
Phone $19.99$28.2629.3%
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.
Eagle Lake, PA01099%
Sugar Notch, PA95392-8%
Ashley, PA2,76592-8%
Plymouth, PA5,90588-12%
Wilkes-Barre, PA41,20292-8%
Old Forge, PA8,26595-5%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Mason, MI8,26685-15%
Ashland, NJ8,26012626%
Oak Hill, WV8,27084-16%
Diamondhead, MS8,27599-1%
South Lockport, NY8,25580-20%
Old Forge, PA8,26595-5%
Source: The Old Forge, PA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.