Jessup 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.
IndexJessupPennsylvaniaNational
Cost of living index9499100
IndexJessupPennsylvaniaNational
Goods & Services index10198100
Groceries index100103100
Health care index8594100
Housing index7891100
Transportation index106109100
Utilities index109111100
An overview of the general cost of living index for Jessup, PA is displayed above for your reference. Residents in Jessup, PA enjoy a cost of living index of 94. This index is 4% lower than the Pennsylvania average, and 6% 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 Jessup, PA, the average cost of goods and services is 3% higher than it is in Pennsylvania, and it is 1% higher than the national average.
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Did you know?

  • The cost of living in Jessup is 4% lower than the Pennsylvania average.
  • The cost of living in Jessup is 6% lower than the national average.
  • The cost of housing in Jessup is 22% 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.

Compare Jessup, PA Cost of living To Other Cities

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      This is how much you would need to earn in
      Price difference in compared to
      Cost of living index
      Goods & Services index
      Groceries index
      Health care index
      Housing index
      Transportation index
      Utilities index
      The salary calculator allows you to compare how much your current salary in Jessup, PA would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Jessup, PA, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Jessup, PA salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

      Median Income & Debt-To-Income Ratio

      Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Owners$67,188$5,599$1,568$2,016
      Renters$27,938$2,328$652$838
      If you want to find a good determining factor for the cost of living and the general affordability of housing in Jessup, 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 Jessup, PA, the median monthly income is $67,188 for those who own their own homes. Under the standard rule, that income level would allow for $1,568 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $27,938, per the median income in the area. That would allow for renters to spend up to $652 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%
      When you are determining the total cost of living in Jessup, 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

      ItemJessupNational 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

      ItemJessupNational 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

      ItemJessupNational 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

      ItemJessupNational avg.Difference
      Home Price $145,100.00$184,700.0021.4%
      Avg. Mortgage Payment $1,100.10$1,273.3213.6%
      Apartment Rent $717.00$949.0024.4%

      Transportation

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

      Utilities

      ItemJessupNational 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%
      Pittston, PA7,66888-12%
      Simpson, PA1,10688-12%
      Forest City, PA2,09288-12%
      Jessup, PA4,57794-6%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Bremen, IN4,57790-10%
      West York, PA4,58090-10%
      Bridgeport, PA4,5741077%
      Blue Point, NY4,58114343%
      Simonton Lake, IN4,57394-6%
      Jessup, PA4,57794-6%
      Source: The Jessup, PA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.