Housing costs in Scranton?
A typical home costs
$112,400, which is 66.8% less expensive than the national average of
$338,100 and 53.7% less expensive than the average Pennsylvania home, at
$242,800. Renting a two-bedroom unit in Scranton costs
$1,070 per month, which is 11.6% cheaper than the national average of
$1,210 and 5.6% more than the state average of
$1,010.
Can I afford Scranton?
To live comfortably in Scranton (zip 18508), Pennsylvania, a minimum annual income of
$21,600 for a family, and
$35,200 for a single person is recommended.
What does A.I. say about Scranton?
Living in 18508 Scranton, PA is quite affordable. The cost of living index is lower than the US average, with a median home value of just over $100,000 and a median household income of around $44,000. Renters make up more than half of all homeowners in the area, with an average monthly rent of $942 for a two-bedroom apartment. Utilities are also reasonably priced, with average prices for electricity and natural gas being slightly lower than the national averages. Overall, living in 18508 Scranton provides residents with an affordable quality of life that rivals much larger cities.