Montgomery borough (Lycoming County), PA Cost of Living


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Montgomery borough (Lycoming County) cost of living score
85
Less expensive
15.0% lower
than the US average
10.1% lower
than the Pennsylvania average
Montgomery borough (Lycoming County), Pennsylvania gets a BestPlaces Cost of Living score of 85, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 15.0% lower than the U.S. average and 10.1% higher than the average for Pennsylvania.

Montgomery borough (Lycoming County), PA

Housing costs in Montgomery borough (Lycoming County)?
A typical home costs $127,000, which is 62.4% less expensive than the national average of $338,100 and 47.7% less expensive than the average Pennsylvania home, at $242,800. Renting a two-bedroom unit in Montgomery borough (Lycoming County) costs $950 per month, which is 33.6% cheaper than the national average of $1,430 and 27.4% cheaper than the state average of $1,210.

Can I afford Montgomery borough (Lycoming County)?
To live comfortably in Montgomery borough (Lycoming County), Pennsylvania, a minimum annual income of $24,480 for a family, and $31,200 for a single person is recommended.

What does A.I. say about Montgomery borough (Lycoming County)?
The cost of living in Montgomery borough, PA is quite reasonable. Although prices may be slightly higher than the national average, the borough's overall affordability makes up for it. Groceries, utilities, and transportation are all well within budget for most residents. Homeowners can find a variety of affordable housing options in the area, with many properties priced below the state median value. Renters can also find plenty of attractive apartments and homes at prices that won't break the bank. Overall, Montgomery Borough provides a comfortable place to live at an affordable price point.
   Cost of living score
     CategoriesMontgomery borough (Lycoming County)PennsylvaniaUnited States
  85.094.6100.0
  100.9100.3100
  99.3101.1100.0
  38.480.5100.0
  $127,000$242,800$338,100
  100.6%98.2%100.0%
  91.4104.0100.0
  94.6101.5100.0

   100=National Average

   Average Rent by Bedroom Size
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