Housing costs in Erie?
A typical home costs
$89,300, which is 73.6% less expensive than the national average of
$338,100 and 63.2% less expensive than the average Pennsylvania home, at
$242,800. Renting a two-bedroom unit in Erie costs
$930 per month, which is 23.1% cheaper than the national average of
$1,210 and 2.2% cheaper than the state average of
$950.
Can I afford Erie?
To live comfortably in Erie (zip 16502), Pennsylvania, a minimum annual income of
$17,280 for a family, and
$28,800 for a single person is recommended.
What does A.I. say about Erie?
The cost of living in 16502 Erie, PA is relatively low compared to other parts of the country. According to BestPlaces's Cost of Living Index, goods and services in Erie are about 5% cheaper than the national average. Housing is especially affordable, with a median home price of just under $110,000. Utilities are also relatively inexpensive, making it easy for residents to keep costs down while enjoying all that the city has to offer. In addition, local taxes are lower than most places in Pennsylvania. All these factors make Erie an attractive place to live for those on a budget or who want to stretch their dollar further.