Williamsport 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.
IndexWilliamsportPennsylvaniaNational
Cost of living index91102100
IndexWilliamsportPennsylvaniaNational
Goods & Services index100103100
Groceries index104105100
Health care index11297100
Housing index6393100
Transportation index123112100
Utilities index91112100
The above illustration supplies generalized information for the Williamsport, PA cost of living index. Compared to other cities in Pennsylvania and cities across the country, the cost of living index in Williamsport, PA is 91, which is 11% lower than the Pennsylvania average and 9% lower 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 Williamsport, PA are 3% lower than the average for Pennsylvania and equal to the rest of the country.

Did you know?

  • The cost of living in Williamsport is 11% lower than the Pennsylvania average.
  • The cost of living in Williamsport is 9% lower than the national average.
  • The cost of housing in Williamsport is 37% 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 Williamsport, PA Cost of living To Other Cities

Salary Calculator

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Health care index
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Using the salary calculator lets you compare the salary you earn in Williamsport, PA to what it is in other cities. It will let you know what your earnings would have to be in another city to have the same standard of living, as determined by the cost of living in each city. For example, if the cost of living in the area you want to move to is higher than the cost of living in Williamsport, PA, you have to earn a higher income in order to still have the same standard of living. To operate the Williamsport, PA salary calculator, put in the name of the other city, then move the slider to the point that represents the current income. The salary calculator will take care of the rest and tell you how much more or less you must earn in the new city. A Total breakdown of the cost of living is also provided.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$51,787$4,316$1,208$1,554
Renters$22,810$1,901$532$684
The affordability of the housing market in Williamsport, 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 Williamsport, PA homeowners, the median income is $51,787. This indicates that a monthly maximum of $1,208 should be spent by homeowners on all housing related costs. Renters have a median income of $22,810. This indicates that renters should have a maximum of $532 used for their rent related monthly 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 assessing the complete cost of living in Williamsport, 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

ItemWilliamsportNational avg.Difference
Haircut $15.75$14.597.9%
Beauty Salon $34.25$34.681.2%
Toothpaste $3.08$2.4724.5%
Shampoo $1.51$1.0247.7%
Movie $10.50$9.876.4%
Bowling $4.00$4.398.9%

Groceries

ItemWilliamsportNational avg.Difference
Ground Beef $4.41$4.481.5%
Fried Chicken $1.62$1.4610.7%
Milk $1.90$2.3619.4%
Potatoes $3.24$3.065.8%
Pizza $8.00$9.2413.4%
Beer $9.59$8.6311.1%

Health Care

ItemWilliamsportNational avg.Difference
Optometrist $109.00$99.789.2%
Doctor $143.69$105.0336.8%
Dentist $87.00$88.701.9%
Ibuprofen $9.48$9.410.7%
Lipitor $320.90$298.507.5%

Housing

ItemWilliamsportNational avg.Difference
Home Price $101,000.00$175,700.0042.5%
Avg. Mortgage Payment $1,281.68$1,081.0318.6%
Apartment Rent $691.00$920.0024.9%

Transportation

ItemWilliamsportNational avg.Difference
Gasoline $2.63$2.0926.0%
Tire Balancing $51.93$45.2914.7%

Utilities

ItemWilliamsportNational avg.Difference
All Electricity$179.24$170.804.9%
Phone $19.99$28.2629.3%
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.
Jersey Shore, PA4,33990-10%
Montgomery, PA1,50190-10%
Turbotville, PA69491-9%
Salladasburg, PA23891-9%
New Columbia, PA77892-8%
Williamsport, PA29,37791-9%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Kent, OH29,36793-7%
East Chicago, IN29,38791-9%
Lawrenceville, GA29,36495-5%
Granger, IN29,40098-2%
Marion, IN29,40379-21%
Williamsport, PA29,37791-9%
Source: The Williamsport, PA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.