Cost of living in Beaver Falls research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Beaver Falls is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Pennsylvania, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Beaver Falls is 86, with 100 being the average.
The cost of living index in Beaver Falls is 0.9x lower than the national average.
Beaver Falls ranks as the #20 cheapest in Pennsylvania out of 247.
Beaver Falls ranks as the #938 cheapest out of 6,412 in the US.
The median home value in Beaver Falls is $75,000.
The median income in Beaver Falls is $34,640.
According to the most recent data on the cost of living, Beaver Falls has an overall cost of living index of 86, which is 0.9x lower than the national index of 100.
Compared to Pennsylvania, Beaver Falls has a cost of living index that's 0.9x lower than Pennsylvania's index of 97.
The standard of living in Beaver Falls ranks as #20 most affordable out of the 247 places we measured in Pennsylvania. By definition, that implies Beaver Falls ranks as the #227 most expensive place in the Keystone State.
For more reading on life in Beaver Falls, check out:
Six factors go into calculating the cost of living index in Beaver Falls. Here is how it fairs on each of the criteria:
The Services index in Beaver Falls is 98.
The Groceries index in Beaver Falls is 108.
The Health index in Beaver Falls is 94.
The Housing index in Beaver Falls is 41.
The Transportation index in Beaver Falls is 118.
The Utilities index in Beaver Falls is 119.
Living Expense | Beaver Falls | Pennsylvania | National Average | |
---|---|---|---|---|
Overall | 86 | 97 | 100 | |
Services | 98 | 99 | 100 | |
Groceries | 108 | 101 | 100 | |
Health | 94 | 97 | 100 | |
Housing | 41 | 85 | 100 | |
Transportation | 118 | 105 | 100 | |
Utilities | 119 | 106 | 100 |
Housing swings affordability the most between places in Pennsylvania, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Beaver Falls is $75,000.
The Median Rent in Beaver Falls is $633.
The Median Income in Beaver Falls is $34,640.
The Home Value To Income in Beaver Falls is 2.2x.
The Rent To Monthly Income in Beaver Falls is 0.22x.
Statistic | Beaver Falls | Pennsylvania | United States |
---|---|---|---|
Median Home Value | $75,000 | $197,300 | $244,900 |
Median Rent | $633 | $1,013 | $1,163 |
Median Income | $34,640 | $67,587 | $69,021 |
Home Value To Income | 2.2x | 2.9x | 3.5x |
Rent To Monthly Income | 0.22x | 0.18x | 0.2x |
Item | Beaver Falls | Pennsylvania |
---|---|---|
Shampoo | $1.16 | $1.06 |
Movie | $11.48 | $10.68 |
Bowling | $14.04 | $14.67 |
Haircut | $19.1 | $18.62 |
Beauty Salon | $34.18 | $39.05 |
Item | Beaver Falls | Pennsylvania |
---|---|---|
Ground Beef | $4.48 | $4.22 |
Fried Chicken | $1.61 | $1.39 |
Milk | $2.03 | $2.05 |
Potatoes | $4.39 | $3.29 |
Pizza | $10.96 | $10.62 |
Beer | $9.92 | $9.38 |
Toothpaste | $2.19 | $2.34 |
Item | Beaver Falls | Pennsylvania |
---|---|---|
Optometrist | $90.39 | $108.57 |
Doctor | $93.55 | $116.17 |
Dentist | $102.37 | $99.13 |
Item | Beaver Falls | Pennsylvania |
---|---|---|
Gasoline | $2.55 | $2.22 |
Tire Balancing | $61.08 | $50.07 |
Item | Beaver Falls | Pennsylvania |
---|---|---|
All Electricity | $210.66 | $167.67 |
Phone | $190.57 | $175.64 |
The cost of living varies in the cities and towns around Beaver Falls. Here's a quick look at the cost of living in the most populous nearby places:
Franklin Park, PA has a cost of living index of 119, 1.4x Beaver Falls.
Carnot-Moon, PA has a cost of living index of 99, 1.2x Beaver Falls.
East Liverpool, OH has a cost of living index of 87, 1.0x Beaver Falls.
City | Population | Cost Of Living | Vs. Beaver Falls |
---|---|---|---|
Franklin Park, PA | 15,239 | 119 | 1.4x |
Carnot-Moon, PA | 13,196 | 99 | 1.2x |
East Liverpool, OH | 10,051 | 87 | 1.0x |
Aliquippa, PA | 9,237 | 87 | 1.0x |
Economy, PA | 9,057 | 102 | 1.2x |
Georgetown, SC | 8,435 | 91 | 1.1x |
Ambridge, PA | 6,959 | 88 | 1.0x |
New Brighton, PA | 5,743 | 89 | 1.0x |
Monaca, PA | 5,622 | 93 | 1.1x |
Coraopolis, PA | 5,539 | 90 | 1.0x |