Housing costs in Farrell?
A typical home costs
$62,700, which is 81.5% less expensive than the national average of
$338,100 and 74.2% less expensive than the average Pennsylvania home, at
$242,800. Renting a two-bedroom unit in Farrell costs
$820 per month, which is 32.2% cheaper than the national average of
$1,210 and 2.4% more than the state average of
$800.
Can I afford Farrell?
To live comfortably in Farrell (zip 16121), Pennsylvania, a minimum annual income of
$11,880 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about Farrell?
The cost of living in 16121 Farrell, PA is fairly affordable when compared to other areas. Though the median home price is on the higher side at $64,400, the median household income is quite competitive at $30,976 which helps keep costs down. Prices for basic necessities such as food and utilities are comparable to nearby cities and towns. Taxes are relatively low with an effective rate of just 6.07%. In addition, there are no state or local sales taxes in place which can help offset some of these costs. Overall, 16121 Farrell, PA has a reasonable cost of living that should be easy for most residents to afford.