Housing costs in Reading?
A typical home costs
$257,000, which is 24.0% less expensive than the national average of
$338,100 and 5.8% more expensive than the average Pennsylvania home, at
$242,800. Renting a two-bedroom unit in Reading costs
$1,140 per month, which is 20.3% cheaper than the national average of
$1,430 and 6.1% cheaper than the state average of
$1,210.
Can I afford Reading?
To live comfortably in Reading Pennsylva Metro Area, Pennsylvania, a minimum annual income of
$49,320 for a family, and
$35,600 for a single person is recommended.
What does A.I. say about Reading?
The cost of living in Reading, PA Metro Area is lower than the US average cost of living. The area has a cost of living index of 94.1, compared to the US average of 100. This means that the overall cost of goods and services, including housing costs, is cheaper than the national average. Despite this lower cost of living, however, median house value in the area was still reported at $257000 which is significantly higher than the US average house value of $338,100.