Penn Estates 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.
IndexPenn EstatesPennsylvaniaNational
Cost of living index110102100
IndexPenn EstatesPennsylvaniaNational
Goods & Services index112103100
Groceries index110105100
Health care index11397100
Housing index11193100
Transportation index111112100
Utilities index97112100
A general summary of the cost of living index in Penn Estates, PA is shown above. Compared to the state average of Pennsylvania the cost of living index in Penn Estates, PA is 110, which is 8% higher than the average in Pennsylvania and compared to the national average it is 10% higher than. The cost of living index is made up of several categories. These are transportation at 9%, utilities at 10%, goods and services at 33%, housing at 30%, groceries at 13%, and health care at 5%. The bulk of the cost of living index comes from the categories of goods and services and housing. If you look at everyday goods and services they can be a good indicator in a certain city of the general costs of goods there. In Penn Estates, PA goods and services come in at 8% higher than the average in Pennsylvania and are 12% higher than compared to the nationwide average.

Did you know?

  • The cost of living in Penn Estates is 8% higher than the Pennsylvania average.
  • The cost of living in Penn Estates is 10% higher than the national average.
  • The cost of housing in Penn Estates is 11% 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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Compare Penn Estates, PA Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
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Groceries index
Health care index
Housing index
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The salary calculator is meant to help you compare your salary in Penn Estates, 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 Penn Estates, PA, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Penn Estates, 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 IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$84,360$7,030$1,968$2,531
Renters$9,879$823$230$296
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Penn Estates, 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 Penn Estates, PA homeowners, is $84,360. This would allow for a maximum of $1,968 per month to be spent on housing costs. For renters, the median monthly income is $9,879 which would result in a maximum of $230 to be spent on rental costs.

Pennsylvania Sales Tax

StateGeneral Sales TaxWith Max Surtax
Pennsylvania6%8%

Pennsylvania Income Tax

StateIncome Tax (Low)Income Tax (High)
Pennsylvania3.07%3.07%
When considering the overall cost of living expenses in Penn Estates, 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

ItemPenn EstatesNational avg.Difference
Haircut $18.00$14.5923.3%
Beauty Salon $32.75$34.685.6%
Toothpaste $1.99$2.4719.5%
Shampoo $1.08$1.025.7%
Movie $11.70$9.8718.6%
Bowling $4.72$4.397.5%

Groceries

ItemPenn EstatesNational avg.Difference
Ground Beef $4.44$4.480.8%
Fried Chicken $1.97$1.4634.6%
Milk $2.57$2.369.1%
Potatoes $3.39$3.0610.7%
Pizza $8.00$9.2413.4%
Beer $8.79$8.631.8%

Health Care

ItemPenn EstatesNational avg.Difference
Optometrist $102.25$99.782.5%
Doctor $86.25$105.0317.9%
Dentist $119.50$88.7034.7%
Ibuprofen $10.32$9.419.6%
Lipitor $351.24$298.5017.7%

Housing

ItemPenn EstatesNational avg.Difference
Home Price $176,200.00$175,700.000.3%
Avg. Mortgage Payment $1,607.16$1,081.0348.7%
Apartment Rent $1,254.00$920.0036.3%

Transportation

ItemPenn EstatesNational avg.Difference
Gasoline $2.17$2.093.7%
Tire Balancing $58.80$45.2929.8%

Utilities

ItemPenn EstatesNational avg.Difference
All Electricity$155.83$170.808.8%
Phone $29.75$28.265.3%
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.
Bridgeville, NJ991099%
Delaware, NJ861099%
Mountainhome, PA1,06099-1%
Saylorsburg, PA616100-0%
Pen Argyl, PA3,5761000%
Penn Estates, PA5,97211010%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Welcome, SC5,97289-11%
West Loch Estate, HI5,97117777%
New Brighton, PA5,97385-15%
Collinsville, OK5,97089-11%
Countryside, IL5,97411010%
Penn Estates, PA5,97211010%
Source: The Penn Estates, PA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.