Oreland 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.
IndexOrelandPennsylvaniaNational
Cost of living index122100100
IndexOrelandPennsylvaniaNational
Goods & Services index10899100
Groceries index116102100
Health care index10690100
Housing index14593100
Transportation index115109100
Utilities index124115100
Displayed above is a general overview of the Oreland, PA cost of living index. The overall cost of living index in Oreland, PA is 122, which is 23% higher than the Pennsylvania average and 22% higher 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 Oreland, PA are 10% higher than the Pennsylvania average and 8% higher than the national average.

Did you know?

  • The cost of living in Oreland is 23% higher than the Pennsylvania average.
  • The cost of living in Oreland is 22% higher than the national average.
  • The cost of housing in Oreland is 45% 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.

Find Real Estate Listings In Oreland

Location
Price
Bedrooms
Bathrooms
 

New Real Estate Listings In Oreland

Compare Oreland, 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
Using the salary calculator lets you compare the salary you earn in Oreland, PA to what it is in other cities. It will let you know what your earnings would have to be in another city to have the same standard of living, as determined by the cost of living in each city. For example, if the cost of living in the area you want to move to is higher than the cost of living in Oreland, PA, you have to earn a higher income in order to still have the same standard of living. To operate the Oreland, PA salary calculator, put in the name of the other city, then move the slider to the point that represents the current income. The salary calculator will take care of the rest and tell you how much more or less you must earn in the new city. A Total breakdown of the cost of living is also provided.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$97,016$8,085$2,264$2,911
Renters$29,861$2,488$697$896
One can approximate the cost of living and the housing affordability in Oreland, 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 Oreland, PA have a median income of $97,016. Therefore, the amount that a consumer should spend on housing costs should be no more than $2,264 per month to avoid calamity and poverty. The renters in the city have an income of about $29,861, which would make their monthly maximum allowable rental costs $697.

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 Oreland, 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

ItemOrelandNational avg.Difference
Haircut $17.96$15.5615.4%
Beauty Salon $54.38$36.1150.6%
Toothpaste $2.34$2.475.5%
Shampoo $0.99$0.962.6%
Movie $11.55$10.1314.0%
Bowling $5.13$4.748.4%

Groceries

ItemOrelandNational avg.Difference
Ground Beef $3.87$3.983.0%
Fried Chicken $1.68$1.4119.2%
Milk $1.97$2.064.5%
Potatoes $3.44$2.9815.2%
Pizza $10.38$9.479.6%
Beer $8.18$8.797.0%

Health Care

ItemOrelandNational avg.Difference
Optometrist $102.70$101.041.6%
Doctor $124.15$107.4415.6%
Dentist $97.92$90.428.3%
Ibuprofen $9.59$9.283.3%
Lipitor $386.87$426.509.3%

Housing

ItemOrelandNational avg.Difference
Home Price $283,600.00$175,700.0061.4%
Avg. Mortgage Payment $1,520.01$1,133.2334.1%
Apartment Rent $990.00$920.007.6%

Transportation

ItemOrelandNational avg.Difference
Gasoline $2.23$1.9911.9%
Tire Balancing $55.56$45.7621.4%

Utilities

ItemOrelandNational avg.Difference
All Electricity$182.53$163.8111.4%
Phone $40.01$28.3940.9%
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.
Arcadia University, PA62311313%
Camden, NJ77,29498-2%
Eagleville, PA29298-2%
Darby, PA10,68998-2%
Colwyn, PA2,542100-0%
Oreland, PA5,74812222%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Sterling, AK5,74812525%
Bath, NY5,74784-16%
Barnhart, MO5,74696-4%
Fort Meade, FL5,74585-15%
Durham, CA5,74313232%
Oreland, PA5,74812222%
Source: The Oreland, PA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.