Parkville 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.
IndexParkvillePennsylvaniaNational
Cost of living index98102100
IndexParkvillePennsylvaniaNational
Goods & Services index103103100
Groceries index99105100
Health care index9497100
Housing index8593100
Transportation index101112100
Utilities index113112100
Displayed above is a general overview of the Parkville, PA cost of living index. The overall cost of living index in Parkville, PA is 98, which is 4% lower than the Pennsylvania average and 2% 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 Parkville, PA are 1% lower than the Pennsylvania average and 3% higher than the national average.

Did you know?

  • The cost of living in Parkville is 4% lower than the Pennsylvania average.
  • The cost of living in Parkville is 2% lower than the national average.
  • The cost of housing in Parkville is 15% 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 Parkville, PA Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current salary in Parkville, 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 Parkville, PA, then you would need to earn more income in order to maintain the same standard of living. To use the Parkville, 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$60,586$5,049$1,414$1,818
Renters$26,752$2,229$624$803
A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Parkville, PA, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Parkville, PA has a median income of about $60,586 for people who own homes. Based on that number, a person should spend a maximum of $1,414 on expenses related to housing. Renters have a slightly different median income, which is $26,752. Based on this average, renters should spend no more than $624 on all of their rental costs if they want to maintain a non-impoverished standard of living.

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 Parkville, 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

ItemParkvilleNational 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

ItemParkvilleNational 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

ItemParkvilleNational 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

ItemParkvilleNational avg.Difference
Home Price $145,000.00$175,700.0017.5%
Avg. Mortgage Payment $1,025.12$1,081.035.2%
Apartment Rent $846.00$920.008.0%

Transportation

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

Utilities

ItemParkvilleNational 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.
Table Rock, PA431033%
Middleburg, MD191033%
Flora Dale, PA01033%
Heidlersburg, PA68084-16%
Jefferson, PA25587-13%
Parkville, PA6,94998-2%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Smithville, NJ6,95012020%
Hobart, WI6,95199-1%
Wauseon, OH6,95388-12%
New Paltz, NY6,94512929%
Interlaken, CA6,95413030%
Parkville, PA6,94998-2%
Source: The Parkville, PA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.