Cost of living in Hershey 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 Hershey 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 Hershey is 110, with 100 being the average.
The cost of living index in Hershey is 1.1x higher than the national average.
Hershey ranks as the #195 cheapest in Pennsylvania out of 247.
Hershey ranks as the #4,128 cheapest out of 6,412 in the US.
The median home value in Hershey is $288,400.
The median income in Hershey is $69,626.
According to the most recent data on the cost of living, Hershey has an overall cost of living index of 110, which is 1.1x higher than the national index of 100.
Compared to Pennsylvania, Hershey has a cost of living index that's 1.1x higher than Pennsylvania's index of 97.
The standard of living in Hershey ranks as #195 most affordable out of the 247 places we measured in Pennsylvania. By definition, that implies Hershey ranks as the #52 most expensive place in the Keystone State.
For more reading on life in Hershey, check out:
Six factors go into calculating the cost of living index in Hershey. Here is how it fairs on each of the criteria:
The Services index in Hershey is 102.
The Groceries index in Hershey is 98.
The Health index in Hershey is 92.
The Housing index in Hershey is 124.
The Transportation index in Hershey is 111.
The Utilities index in Hershey is 110.
Living Expense | Hershey | Pennsylvania | National Average | |
---|---|---|---|---|
Overall | 110 | 97 | 100 | |
Services | 102 | 99 | 100 | |
Groceries | 98 | 101 | 100 | |
Health | 92 | 97 | 100 | |
Housing | 124 | 85 | 100 | |
Transportation | 111 | 105 | 100 | |
Utilities | 110 | 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 Hershey is $288,400.
The Median Rent in Hershey is $1,092.
The Median Income in Hershey is $69,626.
The Home Value To Income in Hershey is 4.1x.
The Rent To Monthly Income in Hershey is 0.19x.
Statistic | Hershey | Pennsylvania | United States |
---|---|---|---|
Median Home Value | $288,400 | $197,300 | $244,900 |
Median Rent | $1,092 | $1,013 | $1,163 |
Median Income | $69,626 | $67,587 | $69,021 |
Home Value To Income | 4.1x | 2.9x | 3.5x |
Rent To Monthly Income | 0.19x | 0.18x | 0.2x |
Item | Hershey | Pennsylvania |
---|---|---|
Shampoo | $1.18 | $1.06 |
Movie | $13.11 | $10.68 |
Bowling | $13.65 | $14.67 |
Haircut | $18.18 | $18.62 |
Beauty Salon | $33.13 | $39.05 |
Item | Hershey | Pennsylvania |
---|---|---|
Ground Beef | $4.21 | $4.22 |
Fried Chicken | $1.34 | $1.39 |
Milk | $2.44 | $2.05 |
Potatoes | $3.49 | $3.29 |
Pizza | $10.69 | $10.62 |
Beer | $11.96 | $9.38 |
Toothpaste | $1.84 | $2.34 |
Item | Hershey | Pennsylvania |
---|---|---|
Optometrist | $86.81 | $108.57 |
Doctor | $103.0 | $116.17 |
Dentist | $93.74 | $99.13 |
Item | Hershey | Pennsylvania |
---|---|---|
Gasoline | $2.54 | $2.22 |
Tire Balancing | $48.77 | $50.07 |
Item | Hershey | Pennsylvania |
---|---|---|
All Electricity | $191.01 | $167.67 |
Phone | $189.01 | $175.64 |
The cost of living varies in the cities and towns around Hershey. Here's a quick look at the cost of living in the most populous nearby places:
Progress, PA has a cost of living index of 99, 0.9x Hershey.
Fredericksburg, TX has a cost of living index of 106, 1.0x Hershey.
Lititz, PA has a cost of living index of 102, 0.9x Hershey.
City | Population | Cost Of Living | Vs. Hershey |
---|---|---|---|
Progress, PA | 11,286 | 99 | 0.9x |
Fredericksburg, TX | 10,864 | 106 | 1.0x |
Lititz, PA | 9,485 | 102 | 0.9x |
Camp Hill, PA | 8,115 | 106 | 1.0x |
Palmyra, PA | 7,750 | 95 | 0.9x |
Middletown, PA | 7,495 | 93 | 0.8x |
New Cumberland, PA | 7,481 | 98 | 0.9x |
Lower Allen, PA | 7,019 | 102 | 0.9x |
Rutherford, PA | 6,507 | 98 | 0.9x |
Linglestown, PA | 6,380 | 102 | 0.9x |