Olyphant 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.
IndexOlyphantPennsylvaniaNational
Cost of living index9599100
IndexOlyphantPennsylvaniaNational
Goods & Services index10198100
Groceries index100103100
Health care index8594100
Housing index7891100
Transportation index106109100
Utilities index109111100
A general summary of the cost of living index in Olyphant, PA is shown above. Compared to the state average of Pennsylvania the cost of living index in Olyphant, PA is 95, which is 4% lower than the average in Pennsylvania and compared to the national average it is 5% lower than. The cost of living index is made up of several categories. These are transportation at 9%, utilities at 10%, goods and services at 33%, housing at 30%, groceries at 13%, and health care at 5%. The bulk of the cost of living index comes from the categories of goods and services and housing. If you look at everyday goods and services they can be a good indicator in a certain city of the general costs of goods there. In Olyphant, PA goods and services come in at 3% higher than the average in Pennsylvania and are 1% higher than compared to the nationwide average.
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Did you know?

  • The cost of living in Olyphant is 4% lower than the Pennsylvania average.
  • The cost of living in Olyphant is 5% lower than the national average.
  • The cost of housing in Olyphant 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 Olyphant, 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 Olyphant, 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 Olyphant, PA, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Olyphant, 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$52,132$4,344$1,216$1,564
      Renters$23,196$1,933$541$696
      If you want to find a good determining factor for the cost of living and the general affordability of housing in Olyphant, 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 Olyphant, PA, the median monthly income is $52,132 for those who own their own homes. Under the standard rule, that income level would allow for $1,216 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $23,196, per the median income in the area. That would allow for renters to spend up to $541 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 Olyphant, 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

      ItemOlyphantNational 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

      ItemOlyphantNational 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

      ItemOlyphantNational 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

      ItemOlyphantNational avg.Difference
      Home Price $149,800.00$184,700.0018.9%
      Avg. Mortgage Payment $1,100.10$1,273.3213.6%
      Apartment Rent $676.00$949.0028.8%

      Transportation

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

      Utilities

      ItemOlyphantNational 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%
      Plains, PA3,61589-11%
      Simpson, PA1,10688-12%
      Olyphant, PA5,15695-5%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Grafton, WV5,15679-21%
      Hendron, KY5,15594-6%
      Sugarcreek, PA5,15585-15%
      Creswell, OR5,15411111%
      Winterset, IA5,15889-11%
      Olyphant, PA5,15695-5%
      Source: The Olyphant, PA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.