Housing costs in New Bedford?
A typical home costs
$104,500, which is 69.1% less expensive than the national average of
$338,100 and 57.0% less expensive than the average Pennsylvania home, at
$242,800. Renting a two-bedroom unit in New Bedford costs
$850 per month, which is 29.8% cheaper than the national average of
$1,210 and close to the state average of
$840.
Can I afford New Bedford?
To live comfortably in New Bedford (zip 16140), Pennsylvania, a minimum annual income of
$20,160 for a family, and
$25,600 for a single person is recommended.
What does A.I. say about New Bedford?
The cost of living in 16140 New Bedford, PA is relatively low. This is due to the local economy which has a median household income of $51,400 and an unemployment rate of 4.4%. Additionally, residents benefit from the low housing costs associated with this rural area; the median home value is only $109,900 making it significantly lower than the national average. Furthermore, groceries and health care are also relatively inexpensive, helping to make it more affordable for families to live in the area. Overall, 16140 New Bedford, PA offers a great combination of rural charm and affordability.