Tyrone 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.
IndexTyronePennsylvaniaNational
Cost of living index88100100
IndexTyronePennsylvaniaNational
Goods & Services index99100100
Groceries index99105100
Health care index8892100
Housing index5491100
Transportation index106108100
Utilities index119111100
Here we can see a simple outline of the cost of living in Tyrone, PA. As you can see, with the average cost of living in Tyrone, PA being 88, that puts it 12% lower than the average of Pennsylvania and 12% lower than our nation's average. This simple outline of the cost of living index was formulated using prices of: goods and services (weighted 33%), housing prices (weighted 30%), groceries (weighted 13%), utilities (weighted 10%), transportation (weighted 9%), and health care (weighted 5%). Thus, goods/services, along with housing influences the majority of the cost of living index. The price of daily goods and services is a valuable and reliable number to be aware of when considering the general price of the city's goods. In the case of Tyrone, PA, the price of goods and services are 2% lower than the average of Pennsylvania as well as 1% lower than the nation's average.
How would you rate the cost of living in Tyrone?View resultsWrite a review to give others more information about this area.
Is the cost of living increasing or decreasing in Tyrone?View resultsWrite a review to give others more information about this area.

Did you know?

  • The cost of living in Tyrone is 12% lower than the Pennsylvania average.
  • The cost of living in Tyrone is 12% lower than the national average.
  • The cost of housing in Tyrone is 46% 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.

Find Real Estate Listings In Tyrone

Location
Price
Bedrooms
Bathrooms
 

New Real Estate Listings In Tyrone

Compare Tyrone, PA Cost of living To Other Cities

Salary Calculator

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
Using the salary calculator lets you compare the salary you earn in Tyrone, 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 Tyrone, PA, you have to earn a higher income in order to still have the same standard of living. To operate the Tyrone, 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 IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$52,031$4,336$1,214$1,561
Renters$26,154$2,180$610$785
The affordability of the housing market in Tyrone, PA as well as the overall cost of living can be indicated accurately by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should ever be used on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Tyrone, PA homeowners, the median income is $52,031. This indicates that a monthly maximum of $1,214 should be spent by homeowners on all housing related costs. Renters have a median income of $26,154. This indicates that renters should have a maximum of $610 used for their rent related monthly costs.

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 Tyrone, 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

ItemTyroneNational avg.Difference
Haircut $16.50$16.092.6%
Beauty Salon $23.12$37.3338.1%
Toothpaste $2.51$2.452.7%
Shampoo $0.88$1.0012.0%
Movie $9.90$10.283.7%
Bowling $3.77$4.9323.6%

Groceries

ItemTyroneNational avg.Difference
Ground Beef $3.73$3.801.9%
Fried Chicken $1.42$1.401.8%
Milk $2.10$2.014.4%
Potatoes $2.93$3.012.8%
Pizza $8.98$9.899.2%
Beer $10.01$8.9012.6%

Health Care

ItemTyroneNational avg.Difference
Optometrist $51.78$102.1649.3%
Doctor $89.29$108.3617.6%
Dentist $82.49$92.5310.9%
Ibuprofen $9.65$9.284.0%
Lipitor $421.47$425.821.0%

Housing

ItemTyroneNational avg.Difference
Home Price $91,200.00$184,700.0050.6%
Avg. Mortgage Payment $1,171.73$1,202.442.6%
Apartment Rent $604.00$949.0036.4%

Transportation

ItemTyroneNational avg.Difference
Gasoline $2.45$2.249.2%
Tire Balancing $46.10$46.290.4%

Utilities

ItemTyroneNational avg.Difference
All Electricity$210.15$165.9626.6%
Phone $31.90$28.6811.2%
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.
Blandburg, PA40484-16%
Coalport, PA46185-15%
Grazierville, PA49884-16%
Houtzdale, PA80385-15%
Sandy Ridge, PA21286-14%
Tyrone, PA5,38288-12%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Glasgow Village, MO5,38284-16%
Wind Lake, WI5,3831044%
Hazard, KY5,38387-13%
Worland, WY5,38387-13%
Vancleave, MS5,38094-6%
Tyrone, PA5,38288-12%
Source: The Tyrone, PA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.