Housing costs in Allentown?
A typical home costs
$256,700, which is 24.1% less expensive than the national average of
$338,100 and 5.7% more expensive than the average Pennsylvania home, at
$242,800. Renting a two-bedroom unit in Allentown costs
$1,480 per month, which is 22.3% more than the national average of
$1,210 and 4.7% more than the state average of
$1,410.
Can I afford Allentown?
To live comfortably in Allentown (zip 18103), Pennsylvania, a minimum annual income of
$49,320 for a family, and
$46,800 for a single person is recommended.
What does A.I. say about Allentown?
The cost of living in 18103 Allentown, PA is relatively affordable. According to BestPlaces's cost of living index, a family of four would need to spend an estimated $3,500 per month to maintain the same standard of living as they would have in New York City. This includes monthly rent for a one-bedroom apartment located in the city center at an average cost of around $800 per month. Other costs such as food and transportation are much more affordable than larger cities like New York or San Francisco. There are also plenty of job opportunities in the area with the unemployment rate at 3.6% as of May 2020. The low cost of living makes 18103 Allentown, PA an attractive place for those looking to save money while still enjoying a good quality of life.