Housing costs in Scranton?
A typical home costs
$135,700, which is 59.9% less expensive than the national average of
$338,100 and 44.1% less expensive than the average Pennsylvania home, at
$242,800. Renting a two-bedroom unit in Scranton costs
$990 per month, which is 30.8% cheaper than the national average of
$1,430 and 22.2% cheaper than the state average of
$1,210.
Can I afford Scranton?
To live comfortably in Scranton, Pennsylvania, a minimum annual income of
$25,920 for a family, and
$32,400 for a single person is recommended.
What does A.I. say about Scranton?
Scranton, Pennsylvania has a cost of living index rating significantly lower than that if the nation at 87 due mostly to low housing costs making up 32% - far below the national average 42%. Utility costs are also relatively low due to favorable climate conditions and cheaper sources of energy such as natural gas making it an ideal place for those looking for more affordable options while still maintaining access to city resources like cultural centers and educational opportunities. Transportation and healthcare each make up approximately 11 percent and grocery costs account for 10%, further contributing to overall lower living expenses when contrasted against many U.S cities .