Housing costs in Palmerton?
A typical home costs
$213,600, which is 36.8% less expensive than the national average of
$338,100 and 12.0% less expensive than the average Pennsylvania home, at
$242,800. Renting a two-bedroom unit in Palmerton costs
$1,150 per month, which is 5.0% cheaper than the national average of
$1,210 and 22.6% cheaper than the state average of
$1,410.
Can I afford Palmerton?
To live comfortably in Palmerton (zip 18071), Pennsylvania, a minimum annual income of
$41,040 for a family, and
$36,400 for a single person is recommended.
What does A.I. say about Palmerton?
The cost of living in Palmerton, PA is quite reasonable compared to other parts of the state. The median household income in Palmerton is $60,118, which is slightly lower than the national median. However, housing costs are quite affordable with a median home value of $124,600. This makes it easier for people to purchase a house or rent an apartment at an affordable rate. Groceries and utilities are also relatively low-cost in this area compared to other areas in Pennsylvania. Overall, Palmerton has a low cost of living which makes it an attractive destination for people looking for an affordable place to live and raise a family.