Oil City, PA Cost Of Living
Cost Of Living In Oil City, PA Summary
Cost of living in Oil City 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 Oil City 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 Oil City is 83, with 100 being the average.
The cost of living index in Oil City is 0.8x lower than the national average.
Oil City ranks as the #5 cheapest in Pennsylvania out of 247.
Oil City ranks as the #491 cheapest out of 6,412 in the US.
The median home value in Oil City is $57,300.
The median income in Oil City is $44,272.
Table Of Contents
Oil City's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Oil City, PA?
According to the most recent data on the cost of living, Oil City has an overall cost of living index of 83, which is 0.8x lower than the national index of 100.
Compared to Pennsylvania, Oil City has a cost of living index that's 0.9x lower than Pennsylvania's index of 97.
The standard of living in Oil City ranks as #5 most affordable out of the 247 places we measured in Pennsylvania. By definition, that implies Oil City ranks as the #242 most expensive place in the Keystone State.
For more reading on life in Oil City, check out:
- Living In Oil City
- Search Homes For Sale In Oil City, PA
In Pennsylvania
In America
Oil City Cost Of Living Vs. Pennsylvania
Six factors go into calculating the cost of living index in Oil City. Here is how it fairs on each of the criteria:
The Services index in Oil City is 98.
The Groceries index in Oil City is 110.
The Health index in Oil City is 98.
The Housing index in Oil City is 38.
The Transportation index in Oil City is 118.
The Utilities index in Oil City is 118.
| Living Expense | Oil City | Pennsylvania | National Average | |
|---|---|---|---|---|
| Overall | 83 | 97 | 100 | |
| Services | 98 | 99 | 100 | |
| Groceries | 110 | 101 | 100 | |
| Health | 98 | 97 | 100 | |
| Housing | 38 | 85 | 100 | |
| Transportation | 118 | 105 | 100 | |
| Utilities | 118 | 106 | 100 | |
Oil City, PA Housing Cost Breakdown
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 Oil City is $57,300.
The Median Rent in Oil City is $710.
The Median Income in Oil City is $44,272.
The Home Value To Income in Oil City is 1.3x.
The Rent To Monthly Income in Oil City is 0.19x.
| Statistic | Oil City | Pennsylvania | United States |
|---|---|---|---|
| Median Home Value | $57,300 | $197,300 | $244,900 |
| Median Rent | $710 | $1,013 | $1,163 |
| Median Income | $44,272 | $67,587 | $69,021 |
| Home Value To Income | 1.3x | 2.9x | 3.5x |
| Rent To Monthly Income | 0.19x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Oil City, PA Costs By Category
Detailed Oil City Services Costs Vs. Pennsylvania
| Item | Oil City | 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 |
Detailed Oil City Groceries Costs Vs. Pennsylvania
| Item | Oil City | 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 |
Detailed Oil City Health Costs Vs. Pennsylvania
| Item | Oil City | Pennsylvania |
|---|---|---|
| Optometrist | $90.39 | $108.57 |
| Doctor | $93.55 | $116.17 |
| Dentist | $102.37 | $99.13 |
Detailed Oil City Transportation Costs Vs. Pennsylvania
| Item | Oil City | Pennsylvania |
|---|---|---|
| Gasoline | $2.55 | $2.22 |
| Tire Balancing | $61.08 | $50.07 |
Detailed Oil City Utilities Costs Vs. Pennsylvania
| Item | Oil City | Pennsylvania |
|---|---|---|
| All Electricity | $210.66 | $167.67 |
| Phone | $190.57 | $175.64 |
Oil City SnackAbility
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