## Coraopolis cost of living index

 Index Coraopolis Pennsylvania National Cost of living index 88 99 100 Index Coraopolis Pennsylvania National Goods & Services index 92 98 100 Groceries index 109 103 100 Health care index 92 94 100 Housing index 56 91 100 Transportation index 119 109 100 Utilities index 114 111 100
An overview of the general cost of living index for Coraopolis, PA is displayed above for your reference. Residents in Coraopolis, PA enjoy a cost of living index of 88. This index is 10% lower than the Pennsylvania average, and 12% lower 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 Coraopolis, PA, the average cost of goods and services is 6% lower than it is in Pennsylvania, and it is 8% lower than the national average.
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## Did you know?

• The cost of living in Coraopolis is 10% lower than the Pennsylvania average.
• The cost of living in Coraopolis is 12% lower than the national average.
• The cost of housing in Coraopolis is 44% 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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## Salary Calculator

Using the salary calculator lets you compare the salary you earn in Coraopolis, 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 Coraopolis, PA, you have to earn a higher income in order to still have the same standard of living. To operate the Coraopolis, 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 Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI) Owners \$61,875 \$5,156 \$1,444 \$1,856 Renters \$24,139 \$2,012 \$563 \$724
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Coraopolis, PA as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Coraopolis, PA homeowners, is \$61,875. This would allow for a maximum of \$1,444 per month to be spent on housing costs. For renters, the median monthly income is \$24,139 which would result in a maximum of \$563 to be spent on rental costs.

## Pennsylvania Sales Tax

 State General Sales Tax With Max Surtax Pennsylvania 6% 8%

## Pennsylvania Income Tax

 State Income Tax (Low) Income Tax (High) Pennsylvania 3.07% 3.07%
When you are determining the total cost of living in Coraopolis, 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

 Item Coraopolis National avg. Difference Haircut \$18.30 \$17.49 4.6% Beauty Salon \$28.90 \$38.17 24.3% Toothpaste \$2.25 \$2.32 3.1% Shampoo \$1.15 \$1.01 13.6% Movie \$10.39 \$10.72 3.1% Bowling \$14.20 \$13.86 2.4%

## Groceries

 Item Coraopolis National avg. Difference Ground Beef \$4.16 \$3.90 6.7% Fried Chicken \$1.95 \$1.40 39.7% Milk \$2.11 \$1.96 7.5% Potatoes \$3.59 \$3.18 12.8% Pizza \$10.89 \$10.39 4.8% Beer \$9.76 \$9.23 5.7%

## Health Care

 Item Coraopolis National avg. Difference Optometrist \$79.57 \$106.34 25.2% Doctor \$91.67 \$115.25 20.5% Dentist \$97.56 \$98.38 0.8% Ibuprofen \$9.19 \$9.26 0.8% Lipitor \$477.30 \$466.47 2.3%

## Housing

 Item Coraopolis National avg. Difference Home Price \$91,200.00 \$184,700.00 50.6% Avg. Mortgage Payment \$1,359.16 \$1,273.32 6.7% Apartment Rent \$674.00 \$949.00 29.0%

## Transportation

 Item Coraopolis National avg. Difference Gasoline \$2.96 \$2.59 14.3% Tire Balancing \$63.68 \$48.90 30.2%

## Utilities

 Item Coraopolis National avg. Difference All Electricity \$205.57 \$167.60 22.6% Phone \$187.74 \$163.42 14.9%
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, State Population Cost of Living Index National Avg. Noblestown, PA 533 102 2% Rankin, PA 2,274 80 -20% Southview, PA 105 82 -18% McKees Rocks, PA 6,046 83 -17% Dravosburg, PA 1,741 83 -17% Coraopolis, PA 5,617 88 -12%

## Cities with similar population

 City, State Population Cost of Living Index National Avg. Swartz Creek, MI 5,617 90 -10% Pevely, MO 5,616 88 -12% Hidden Valley Lake, CA 5,618 120 20% Atlanta, TX 5,615 80 -20% South Apopka, FL 5,613 86 -14% Coraopolis, PA 5,617 88 -12%
Source: The Coraopolis, PA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.