Housing costs in Erie?
A typical home costs
$47,900, which is 85.8% less expensive than the national average of
$338,100 and 80.3% less expensive than the average Pennsylvania home, at
$242,800. Renting a two-bedroom unit in Erie costs
$870 per month, which is 28.1% cheaper than the national average of
$1,210 and 9.2% cheaper than the state average of
$950.
Can I afford Erie?
To live comfortably in Erie (zip 16503), Pennsylvania, a minimum annual income of
$9,000 for a family, and
$26,800 for a single person is recommended.
What does A.I. say about Erie?
The cost of living in 16503 Erie, PA is relatively low compared to many other cities and states. The median home price is around $90,000, while the median rent for a two-bedroom apartment averages at around $700 per month. Utilities are also fairly affordable in the city, with the average electricity bill costing less than $100 on a monthly basis. Groceries are also affordable; most items can be purchased for under $10 each. Overall, Erie is an ideal city for those looking to move without breaking the bank or making any major financial sacrifices.