Nanticoke, PA Cost Of Living

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Nanticoke 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.
Index	Nanticoke	Pennsylvania	National
Cost of living index	85	100	100
Index	Nanticoke	Pennsylvania	National
Goods & Services index	96	100	100
Groceries index	103	105	100
Health care index	77	92	100
Housing index	50	91	100
Transportation index	105	108	100
Utilities index	107	111	100

A general overview of the cost of living index for Nanticoke, PA is displayed above. In Nanticoke, PA, the overall cost of living index is 85, which is 15% lower than the Pennsylvania average and 15% lower than the U.S. average. The following categories are used to calculate the overall cost of living index: goods/services (33%), housing (30%), groceries (13%), utilities (10%), transportation (9%) and health care (5%). From the list, it is clear that the categories of goods/services and housing are responsible for the largest portions of the overall cost of living index. As a general rule, everyday goods and services provide an accurate measure of the general cost of goods in any given city. In the case of Nanticoke, PA, the city's goods and services are 4% lower than the Pennsylvania average and 4% lower than the U.S. average.

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Did you know?

The cost of living in Nanticoke is 15% lower than the Pennsylvania average.
The cost of living in Nanticoke is 15% lower than the national average.
The cost of housing in Nanticoke is 50% 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

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Use the salary calculator to compare your current income in Nanticoke, 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 Nanticoke, PA, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Nanticoke, 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 Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$51,602	$4,300	$1,204	$1,548
Renters	$24,150	$2,013	$563	$725

If you want to find a good determining factor for the cost of living and the general affordability of housing in Nanticoke, 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 Nanticoke, PA, the median monthly income is $51,602 for those who own their own homes. Under the standard rule, that income level would allow for $1,204 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $24,150, per the median income in the area. That would allow for renters to spend up to $563 on monthly rental expenses.

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%

For those who live in Nanticoke, PA and want to know what the true cost of living is, they ought to look at both the Pennsylvania income tax rate and the Pennsylvania sales tax rate. By sales tax, we mean the taxes that are included whenever a person is purchasing any goods or services. The amount that is taxed depends upon the particular state, where some states have a sales tax of zero percent while others can have a tax higher than seven percent. In Pennsylvania, the sales tax is 6%, while the most you'll pay in surtax is 8%. There is also income tax to consider, which is based upon the amount of money made in a year. Just like sales tax, income tax depends upon the particular state but also depends upon what tax bracket the person is in. Income tax for the state can be higher than nine percent in some states to zero percent in others. For those that live in Pennsylvania, the income tax rate ranges between 3.07% to 3.07%.

Goods & Services

Item	Nanticoke	National avg.	Difference
Haircut	$15.44	$16.09	4.0%
Beauty Salon	$27.71	$37.33	25.8%
Toothpaste	$2.21	$2.45	9.8%
Shampoo	$0.87	$1.00	13.0%
Movie	$10.39	$10.28	1.0%
Bowling	$3.60	$4.93	27.0%

Groceries

Item	Nanticoke	National avg.	Difference
Ground Beef	$3.88	$3.80	2.1%
Fried Chicken	$1.44	$1.40	3.3%
Milk	$1.92	$2.01	4.2%
Potatoes	$3.28	$3.01	9.1%
Pizza	$9.02	$9.89	8.7%
Beer	$9.53	$8.90	7.1%

Health Care

Item	Nanticoke	National avg.	Difference
Optometrist	$73.22	$102.16	28.3%
Doctor	$65.00	$108.36	40.0%
Dentist	$67.81	$92.53	26.7%
Ibuprofen	$9.31	$9.28	0.3%
Lipitor	$418.18	$425.82	1.8%

Housing

Item	Nanticoke	National avg.	Difference
Home Price	$82,400.00	$184,700.00	55.4%
Avg. Mortgage Payment	$1,052.18	$1,202.44	12.5%
Apartment Rent	$609.00	$949.00	35.8%

Transportation

Item	Nanticoke	National avg.	Difference
Gasoline	$2.53	$2.24	12.5%
Tire Balancing	$41.44	$46.29	10.5%

Utilities

Item	Nanticoke	National avg.	Difference
All Electricity	$179.36	$165.96	8.1%
Phone	$30.79	$28.68	7.3%

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, State	Population	Cost of Living Index	National Avg.
Jeddo, PA	164	78	-22%
Shickshinny, PA	715	81	-19%
Foundryville, PA	79	83	-17%
Glen Lyon, PA	1,743	83	-17%
Briar Creek, PA	750	85	-15%
Nanticoke, PA	10,302	85	-15%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Northbrook, OH	10,297	87	-13%
Fairmont, MN	10,311	90	-10%
Quartz Hill, CA	10,291	112	12%
Pleasant Grove, AL	10,284	92	-8%
Pella, IA	10,280	92	-8%
Nanticoke, PA	10,302	85	-15%

Source: The Nanticoke, PA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.

Nanticoke, PA Cost of Living