Housing costs in Erie?
A typical home costs
$121,700, which is 64.0% less expensive than the national average of
$338,100 and 49.9% less expensive than the average Pennsylvania home, at
$242,800. Renting a two-bedroom unit in Erie costs
$920 per month, which is 24.0% cheaper than the national average of
$1,210 and 3.3% cheaper than the state average of
$950.
Can I afford Erie?
To live comfortably in Erie (zip 16508), Pennsylvania, a minimum annual income of
$23,400 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Erie?
The cost of living in 16508 Erie, PA is relatively low. According to BestPlaces's Cost of Living Index, the average monthly cost for an individual without rent in Erie is only $739. This is significantly lower than national averages and even other Pennsylvania markets like Philadelphia, which has an average monthly cost of $1,092 per person. The low cost of living means that it's possible to live comfortably on a limited budget in Erie. Additionally, there are many amenities available throughout the city that make it an attractive destination, such as affordable housing options, local attractions, and a wide variety of restaurants.