Housing costs in State College?
A typical home costs
$355,500, which is 5.1% more expensive than the national average of
$338,100 and 46.4% more expensive than the average Pennsylvania home, at
$242,800. Renting a two-bedroom unit in State College costs
$1,380 per month, which is 3.5% cheaper than the national average of
$1,430 and 12.3% more than the state average of
$1,210.
Can I afford State College?
To live comfortably in State College, Pennsylvania, a minimum annual income of
$68,040 for a family, and
$48,000 for a single person is recommended.
What does A.I. say about State College?
State College, PA has a relatively low cost of living. Prices for food, housing, utilities, and transportation are all lower than the national average. The median home in State College costs about $209,000 which is significantly lower than the nationwide median of $231,200. Renters can expect to pay an average of $943 per month which is also much lower than the national average of $1,051 per month. In addition to low housing costs, everyday goods and services like groceries are also lower in price compared to other cities across the country. All these factors combine to make State College an affordable place for many people looking for a comfortable place to call home.