Penn Wynne 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 WynnePennsylvaniaNational
Cost of living index140102100
IndexPenn WynnePennsylvaniaNational
Goods & Services index115103100
Groceries index117105100
Health care index9997100
Housing index19693100
Transportation index117112100
Utilities index121112100
The above illustration supplies generalized information for the Penn Wynne, PA cost of living index. Compared to other cities in Pennsylvania and cities across the country, the cost of living index in Penn Wynne, PA is 140, which is 37% higher than the Pennsylvania average and 40% higher 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 Penn Wynne, PA are 11% higher than the average for Pennsylvania and 15% higher than the rest of the country.

Did you know?

  • The cost of living in Penn Wynne is 37% higher than the Pennsylvania average.
  • The cost of living in Penn Wynne is 40% higher than the national average.
  • The cost of housing in Penn Wynne is 96% 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 Wynne, PA Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current salary in Penn Wynne, 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 Penn Wynne, PA, then you would need to earn more income in order to maintain the same standard of living. To use the Penn Wynne, 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$108,112$9,009$2,522$3,244
Renters$53,864$4,489$1,257$1,616
One can approximate the cost of living and the housing affordability in Penn Wynne, 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 Penn Wynne, PA have a median income of $108,112. Therefore, the amount that a consumer should spend on housing costs should be no more than $2,522 per month to avoid calamity and poverty. The renters in the city have an income of about $53,864, which would make their monthly maximum allowable rental costs $1,257.

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 Penn Wynne, 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

ItemPenn WynneNational avg.Difference
Haircut $17.50$14.5919.9%
Beauty Salon $52.00$34.6849.9%
Toothpaste $2.36$2.474.6%
Shampoo $0.99$1.023.1%
Movie $10.75$9.878.9%
Bowling $5.04$4.3914.8%

Groceries

ItemPenn WynneNational avg.Difference
Ground Beef $4.74$4.485.9%
Fried Chicken $1.69$1.4615.4%
Milk $2.25$2.364.5%
Potatoes $3.49$3.0614.0%
Pizza $10.74$9.2416.2%
Beer $8.39$8.632.8%

Health Care

ItemPenn WynneNational avg.Difference
Optometrist $106.00$99.786.2%
Doctor $118.75$105.0313.1%
Dentist $95.00$88.707.1%
Ibuprofen $9.89$9.415.1%
Lipitor $200.00$298.5033.0%

Housing

ItemPenn WynneNational avg.Difference
Home Price $354,200.00$175,700.00101.6%
Avg. Mortgage Payment $1,419.25$1,081.0331.3%
Apartment Rent $1,689.00$920.0083.6%

Transportation

ItemPenn WynneNational avg.Difference
Gasoline $2.46$2.0917.6%
Tire Balancing $52.00$45.2914.8%

Utilities

ItemPenn WynneNational avg.Difference
All Electricity$186.98$170.809.5%
Phone $38.50$28.2636.3%
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.
Cheyney University, PA9291066%
Arcadia University, PA62311515%
Tavistock, NJ911515%
Prospect Park, PA28894-6%
Audubon Park, NJ1,05196-4%
Penn Wynne, PA5,74014040%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Durham, CA5,74314444%
Gardiner, ME5,7371022%
Rancho Calaveras, CA5,73611515%
Fort Meade, FL5,74586-14%
Barnhart, MO5,74698-2%
Penn Wynne, PA5,74014040%
Source: The Penn Wynne, PA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.