Shrewsbury 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.
IndexShrewsburyPennsylvaniaNational
Cost of living index102102100
IndexShrewsburyPennsylvaniaNational
Goods & Services index103103100
Groceries index99105100
Health care index9497100
Housing index9893100
Transportation index101112100
Utilities index113112100
A general overview of the cost of living index for Shrewsbury, PA is displayed above. In Shrewsbury, PA, the overall cost of living index is 102, which is equal to the Pennsylvania average and 2% higher than the U.S. average. The following categories are used to calculate the overall cost of living index: goods/services (33%), housing (30%), groceries (13%), utilities (10%), transportation (9%) and health care (5%). From the list, it is clear that the categories of goods/services and housing are responsible for the largest portions of the overall cost of living index. As a general rule, everyday goods and services provide an accurate measure of the general cost of goods in any given city. In the case of Shrewsbury, PA, the city's goods and services are 1% lower than the Pennsylvania average and 3% higher than the U.S. average.

Did you know?

  • The cost of living in Shrewsbury is equal to the Pennsylvania average.
  • The cost of living in Shrewsbury is 2% higher than the national average.
  • The cost of housing in Shrewsbury is 2% 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 Shrewsbury, PA Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current salary in Shrewsbury, 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 Shrewsbury, PA, then you would need to earn more income in order to maintain the same standard of living. To use the Shrewsbury, 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$84,000$7,000$1,960$2,520
Renters$21,417$1,785$500$643
One can approximate the cost of living and the housing affordability in Shrewsbury, 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 Shrewsbury, PA have a median income of $84,000. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,960 per month to avoid calamity and poverty. The renters in the city have an income of about $21,417, which would make their monthly maximum allowable rental costs $500.

Pennsylvania Sales Tax

StateGeneral Sales TaxWith Max Surtax
Pennsylvania6%8%

Pennsylvania Income Tax

StateIncome Tax (Low)Income Tax (High)
Pennsylvania3.07%3.07%
When you are determining the total cost of living in Shrewsbury, PA you will want to make sure you consider both the Pennsylvania sales tax and the Pennsylvania income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in Pennsylvania is 6%, with the highest surtax being 8%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in Pennsylvania have a range from 3.07% to 3.07%.

Goods & Services

ItemShrewsburyNational 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

ItemShrewsburyNational 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

ItemShrewsburyNational 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

ItemShrewsburyNational avg.Difference
Home Price $196,100.00$175,700.0011.6%
Avg. Mortgage Payment $1,025.12$1,081.035.2%
Apartment Rent $624.00$920.0032.2%

Transportation

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

Utilities

ItemShrewsburyNational 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.
Jefferson, PA25587-13%
York, PA43,81789-11%
New Salem, PA36689-11%
North York, PA1,71291-9%
Windsor, PA1,29892-8%
Shrewsbury, PA3,8271022%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Bagdad, FL3,82788-12%
Hardwick, GA3,82879-21%
Whitesboro, TX3,82980-20%
Lancaster, WI3,83094-6%
North River Shores, FL3,8241099%
Shrewsbury, PA3,8271022%
Source: The Shrewsbury, PA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.