Farrell, PA is an attractive place to live due to its affordable cost of living. The average rent for a two bedroom apartment is $850 whereas the US average is $1,430. Additionally, the Grocery Cost Index in Farrell, PA is 92 compared to the US index of 100. This means that groceries are 8% cheaper than the national average in Farrell. There are also plenty of local businesses to choose from including T&T Pharmacy and Ace Hardware for all your needs. Overall Farrell offers an affordable lifestyle with plenty of options when it comes to shopping locally.
Farrell has an unemployment rate of 8.4%. The US average is 6.0%.
Farrell has seen the job market decrease by -1.4% over the last year. Future job growth over the next ten years is predicted to be 12.6%, which is lower than the US average of 33.5%.
Tax Rates for Farrell
- The Sales Tax Rate for Farrell is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Farrell is 4.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Farrell
- The average income of a Farrell resident is $16,874 a year. The US average is $28,555 a year.
- The Median household income of a Farrell resident is $27,449 a year. The US average is $69,021 a year.