Housing costs in Scranton?
A typical home costs
$129,400, which is 61.7% less expensive than the national average of
$338,100 and 46.7% less expensive than the average Pennsylvania home, at
$242,800. Renting a two-bedroom unit in Scranton costs
$1,000 per month, which is 17.4% cheaper than the national average of
$1,210 and close to the state average of
$1,010.
Can I afford Scranton?
To live comfortably in Scranton (zip 18504), Pennsylvania, a minimum annual income of
$24,840 for a family, and
$32,800 for a single person is recommended.
What does A.I. say about Scranton?
The cost of living in 18504 Scranton, PA is relatively lower than the national average. According to BestPlaces, the cost of living index for Scranton is currently at 87.6 (the US average is 100). This means that goods and services in this area are about 12% cheaper than the rest of the country. The median household income in Scranton is just over $40,000, and with housing costs significantly lower than other parts of the country, it’s a great place to live for those looking to save money. Groceries are also relatively inexpensive - around 5% lower than the national average - making it an ideal location for budget-conscious families.