Mount Carmel borough, PA offers a cost of living that is much lower than the US average. Rent for two bedroom dwellings is around $670 which is more than half the price of a similar rental in the US. The Grocery Cost Index for Mount Carmel borough, PA is 93 versus 100 in the US. There are several local businesses that make living in Mount Carmel borough attractive such as Maurer's Market, Sheckler's Furniture, and Kreamer Feed Mill. Aside from these shopping options there are also many outdoor activities nearby to enjoy such as fishing and hiking at World’s End State Park or taking a kayak ride on the Susquehanna River. With its close proximity to major cities and relatively low cost of living, Mount Carmel Borough is an attractive place to live for those looking for convenience without breaking the bank.
Mount Carmel has an unemployment rate of 7.8%. The US average is 6.0%.
Mount Carmel has seen the job market decrease by -0.5% over the last year. Future job growth over the next ten years is predicted to be 23.3%, which is lower than the US average of 33.5%.
Tax Rates for Mount Carmel
- The Sales Tax Rate for Mount Carmel is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Mount Carmel is 4.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Mount Carmel
- The average income of a Mount Carmel resident is $22,776 a year. The US average is $37,638 a year.
- The Median household income of a Mount Carmel resident is $39,976 a year. The US average is $69,021 a year.