Clarks Summit 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.
IndexClarks SummitPennsylvaniaNational
Cost of living index10299100
IndexClarks SummitPennsylvaniaNational
Goods & Services index10198100
Groceries index100103100
Health care index8594100
Housing index10491100
Transportation index106109100
Utilities index109111100
Displayed above is a general overview of the Clarks Summit, PA cost of living index. The overall cost of living index in Clarks Summit, PA is 102, which is 4% higher than the Pennsylvania average and 2% higher than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Clarks Summit, PA are 3% higher than the Pennsylvania average and 1% higher than the national average.
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Did you know?

  • The cost of living in Clarks Summit is 4% higher than the Pennsylvania average.
  • The cost of living in Clarks Summit is 2% higher than the national average.
  • The cost of housing in Clarks Summit is 4% 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.

Compare Clarks Summit, PA Cost of living To Other Cities

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      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      Use the salary calculator to compare your current income in Clarks Summit, PA to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of Clarks Summit, PA, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Clarks Summit, PA salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

      Median Income & Debt-To-Income Ratio

      Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Owners$81,912$6,826$1,911$2,458
      Renters$31,802$2,650$742$954
      If you want to find a good determining factor for the cost of living and the general affordability of housing in Clarks Summit, PA, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Clarks Summit, PA, the median monthly income is $81,912 for those who own their own homes. Under the standard rule, that income level would allow for $1,911 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $31,802, per the median income in the area. That would allow for renters to spend up to $742 on monthly rental expenses.

      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 Clarks Summit, 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

      ItemClarks SummitNational avg.Difference
      Haircut $16.00$17.498.5%
      Beauty Salon $30.50$38.1720.1%
      Toothpaste $1.89$2.3218.6%
      Shampoo $0.99$1.012.2%
      Movie $10.58$10.721.3%
      Bowling $15.67$13.8613.0%

      Groceries

      ItemClarks SummitNational avg.Difference
      Ground Beef $4.36$3.9011.8%
      Fried Chicken $1.49$1.406.8%
      Milk $1.92$1.962.2%
      Potatoes $3.39$3.186.5%
      Pizza $9.29$10.3910.6%
      Beer $10.31$9.2311.7%

      Health Care

      ItemClarks SummitNational avg.Difference
      Optometrist $58.25$106.3445.2%
      Doctor $77.00$115.2533.2%
      Dentist $89.00$98.389.5%
      Ibuprofen $8.99$9.262.9%
      Lipitor $489.34$466.474.9%

      Housing

      ItemClarks SummitNational avg.Difference
      Home Price $194,500.00$184,700.005.3%
      Avg. Mortgage Payment $1,100.10$1,273.3213.6%
      Apartment Rent $972.00$949.002.4%

      Transportation

      ItemClarks SummitNational avg.Difference
      Gasoline $2.92$2.5912.8%
      Tire Balancing $47.40$48.903.1%

      Utilities

      ItemClarks SummitNational avg.Difference
      All Electricity$192.63$167.6014.9%
      Phone $186.24$163.4214.0%
      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.
      Eagle Lake, PA01022%
      Carbondale, PA8,70786-14%
      Luzerne, PA2,82988-12%
      Pittston, PA7,66888-12%
      Plains, PA3,61589-11%
      Clarks Summit, PA5,0411022%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Carlyss, LA5,04184-16%
      Sulphur, OK5,04285-15%
      South Haven, IN5,04296-4%
      South Pasadena, FL5,04098-2%
      McGregor, TX5,04283-17%
      Clarks Summit, PA5,0411022%
      Source: The Clarks Summit, PA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.