For thriving communities rich in American history, beautiful natural landscapes, and growing artistic scenes, look no further than Pennsylvania. Pennsylvania offers the city life you’ve been looking for, in places like Philadelphia or Pittsburgh, at more affordable prices than other major cities on the East Coast.
It is also home to nearly two dozen Fortune 500 companies, the headquarters of several large corporations and many startups, making it the perfect state to take your career to the next level. Besides being a tech and manufacturing hotspot, Pennsylvania is home to some of the best universities in the country, including the University of Pennsylvania and Carnegie Mellon.
Whether you prefer city life or warmer suburban communities, the Keystone State has something for you. Learn about the cost of living in Pennsylvania and start visualizing your future home.
What’s the cost of living in Pennsylvania?
According to the Cost of Living Indexes organized by Best Places, the average cost of living in Pennsylvania is 92.5, compared with a national average of 100. This figure shows that living in Pennsylvania is cheaper than in many states. Americans.
However, these cost of living indices also show some variation. Pennsylvania’s housing costs tend to be lower than the national average, while its transportation and utility costs are slightly higher. The cost of living also varies from place to place across the state. For example, the cost of living in Philadelphia is above both the state average and the national average.
How much do I have to spend on the rent?
The cost of living index can help you determine the price of rent in one region relative to another. But to find the best place for you, you first need to estimate how much you should be spending on rent each month, given your overall budget. There are different ways of understanding this, but one of the most popular and easiest ways is the “30% rule”. The rule recommends that you spend about 30% of your pre-tax income on rent. For example, if you earn $ 3,500 per month before taxes, your monthly rent should not exceed $ 1,050.
Keep in mind, however, that there is no single way to determine how much of your income should go towards rent. For example, if you have to live in a place where the cost of living is high due to work, you might need to spend a little more than that. At the same time, if you live in an area with lower rental prices, you can spend less than 30% of your income on rent and still get decent housing.
The amount of rent you will have to pay will also depend on a number of other factors, including whether you live with roommates or family members, whether you are just starting or are further along in your career, or that you need to live. in a particular place to work or can work from home. You will also need to consider other elements of your budget. For example, if you spend a large chunk of your monthly income on student loan payments, car payments, or insurance, you might want to find accommodation with cheaper rent to make up for it.
How much does an apartment cost in Pennsylvania?
The average monthly rent for apartments in Pennsylvania is:
- Studio: $ 700
- 1 bedroom apartment: $ 807
- Two bedroom apartment: $ 999
- 3 bedroom apartment: $ 1,272
- Four bedroom apartment: $ 1,407
As mentioned earlier, these costs can vary across the state depending on where you choose to live. Cities will generally be more expensive than their suburbs. For example, the cost of living in Philadelphia is about 14% higher than the national average. To add, the average rate for a one-bedroom apartment in Philly is $ 1,347, while the average rent for a two-bedroom apartment is $ 1,750 per month – both figures above the average for the State.
On the other hand, there are communities in Pennsylvania where the cost of living is significantly lower. For example, the cost of living in Johnston, PA is about 13% lower than the national average, while the cost of living at State College, home to Penn State University, PA, is lower by 9% to the national average.
Explore the places to live in Pennsylvania
How Do I Find Cheap Apartments in Pennsylvania?
Use Zumper’s intuitive platform to find affordable apartments in Pennsylvania. Zumper offers an easy search tool that you can use to filter information such as preferred amenities, verified property listings, and virtual tours. You can also apply and finalize a lease entirely online via the Zumper platform. Within 24 hours of applying for a rental property, you will know if your application has been approved.
Where can I get the cheapest rent in Pennsylvania?
Explore some of the most affordable communities in Pennsylvania to find the cheapest rent in Pennsylvania. Munhall, located in Allegheny County, near Pittsburgh, is one of the cheapest places in the state. If city life is more your thing, visit Erie, Pennsylvania, the fourth largest city in the state and the fourth cheapest. Pittsburgh has also been listed by Forbes and CNBC as one of the most affordable cities in the country.
The cost of living is important in decision making. It allows you to select the city that will help you advance your career while providing you with a decent life at a reasonable price. Pennsylvania has several such cities that offer a cost of living below the national average.