Sinking Spring 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.
IndexSinking SpringPennsylvaniaNational
Cost of living index104102100
IndexSinking SpringPennsylvaniaNational
Goods & Services index103103100
Groceries index99105100
Health care index9497100
Housing index10693100
Transportation index101112100
Utilities index113112100
An overview of the general cost of living index for Sinking Spring, PA is displayed above for your reference. Residents in Sinking Spring, PA enjoy a cost of living index of 104. This index is 2% higher than the Pennsylvania average, and 4% higher than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in Sinking Spring, PA, the average cost of goods and services is 1% lower than it is in Pennsylvania, and it is 3% higher than the national average.

Did you know?

  • The cost of living in Sinking Spring is 2% higher than the Pennsylvania average.
  • The cost of living in Sinking Spring is 4% higher than the national average.
  • The cost of housing in Sinking Spring is 6% 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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Salary Calculator

This is how much you would need to earn in
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Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator is meant to help you compare your salary in Sinking Spring, 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 Sinking Spring, PA, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Sinking Spring, 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)
The affordability of the housing market in Sinking Spring, PA as well as the overall cost of living can be indicated accurately by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should ever be used on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Sinking Spring, PA homeowners, the median income is $68,859. This indicates that a monthly maximum of $1,607 should be spent by homeowners on all housing related costs. Renters have a median income of $46,552. This indicates that renters should have a maximum of $1,086 used for their rent related monthly costs.

Pennsylvania Sales Tax

StateGeneral Sales TaxWith Max Surtax

Pennsylvania Income Tax

StateIncome Tax (Low)Income Tax (High)
When assessing the complete cost of living in Sinking Spring, PA, the Pennsylvania income tax and the Pennsylvania sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The Pennsylvania maximum surtax is 8%, and the Pennsylvania sales tax is 6%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 3.07% to 3.07% in Pennsylvania.

Goods & Services

ItemSinking SpringNational 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%


ItemSinking SpringNational 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

ItemSinking SpringNational 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%


ItemSinking SpringNational avg.Difference
Home Price $180,500.00$175,700.002.7%
Avg. Mortgage Payment $1,025.12$1,081.035.2%
Apartment Rent $1,033.00$920.0012.3%


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


ItemSinking SpringNational 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.
Kutztown University, PA2,01611515%
Brownstown, PA71184-16%
Reading, PA88,05190-10%
Walnuttown, PA37099-1%
Rehrersburg, PA40591-9%
Sinking Spring, PA4,0331044%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Arlington, NY4,03312424%
Wadena, MN4,03389-11%
Cold Spring, MN4,03395-5%
Redwood, TX4,03477-23%
Jourdanton, TX4,03479-21%
Sinking Spring, PA4,0331044%
Source: The Sinking Spring, PA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.