Housing costs in Erie?
A typical home costs
$113,300, which is 66.5% less expensive than the national average of
$338,100 and 53.3% less expensive than the average Pennsylvania home, at
$242,800. Renting a two-bedroom unit in Erie costs
$1,010 per month, which is 16.5% cheaper than the national average of
$1,210 and 5.9% more than the state average of
$950.
Can I afford Erie?
To live comfortably in Erie (zip 16504), Pennsylvania, a minimum annual income of
$21,600 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Erie?
The cost of living in 16504 Erie, PA is relatively low compared to other larger cities. The median home price is approximately $99,500, which is much lower than the national average of around $200,000. Additionally, the cost of groceries and other necessities are kept low due to a variety of local stores that regularly offer competitive prices. Utilities such as electricity and water tend to stay within the mid-range compared to other parts of the United States. All in all, 16504 Erie, PA is a great place to live if you’re looking for an affordable option with plenty of amenities nearby.