Housing costs in Newburg?
A typical home costs
$263,100, which is 22.2% less expensive than the national average of
$338,100 and 8.4% more expensive than the average Pennsylvania home, at
$242,800. Renting a two-bedroom unit in Newburg costs
$1,180 per month, which is 17.5% cheaper than the national average of
$1,430 and 2.5% cheaper than the state average of
$1,210.
Can I afford Newburg?
To live comfortably in Newburg, Pennsylvania, a minimum annual income of
$50,400 for a family, and
$37,600 for a single person is recommended.
What does A.I. say about Newburg?
The cost of living in Newburg (Cumberland County), PA is relatively affordable compared to other cities in the area. The median home value is around $172,400, which is lower than the national average. Additionally, the median household income is approximately $70,227 which is slightly higher than the national average. The cost of living index for Cumberland County is 96.7%, indicating that housing costs are 6.7% lower than the national average. This makes Newburg an attractive option for those looking to purchase a home or rent without breaking the bank. Overall, Newburg offers residents a great quality of life at an affordable price point compared to many other locations in Pennsylvania and beyond.