Cost of living in Palmerton 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 Palmerton 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 Palmerton is 93, with 100 being the average.
The cost of living index in Palmerton is 0.9x lower than the national average.
Palmerton ranks as the #77 cheapest in Pennsylvania out of 247.
Palmerton ranks as the #2,137 cheapest out of 6,412 in the US.
The median home value in Palmerton is $122,600.
The median income in Palmerton is $60,495.
According to the most recent data on the cost of living, Palmerton has an overall cost of living index of 93, which is 0.9x lower than the national index of 100.
Compared to Pennsylvania, Palmerton has a cost of living index that's 1.0x lower than Pennsylvania's index of 97.
The standard of living in Palmerton ranks as #77 most affordable out of the 247 places we measured in Pennsylvania. By definition, that implies Palmerton ranks as the #170 most expensive place in the Keystone State.
For more reading on life in Palmerton, check out:
Six factors go into calculating the cost of living index in Palmerton. Here is how it fairs on each of the criteria:
The Services index in Palmerton is 104.
The Groceries index in Palmerton is 100.
The Health index in Palmerton is 96.
The Housing index in Palmerton is 68.
The Transportation index in Palmerton is 108.
The Utilities index in Palmerton is 106.
Living Expense | Palmerton | Pennsylvania | National Average | |
---|---|---|---|---|
Overall | 93 | 97 | 100 | |
Services | 104 | 99 | 100 | |
Groceries | 100 | 101 | 100 | |
Health | 96 | 97 | 100 | |
Housing | 68 | 85 | 100 | |
Transportation | 108 | 105 | 100 | |
Utilities | 106 | 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 Palmerton is $122,600.
The Median Rent in Palmerton is $848.
The Median Income in Palmerton is $60,495.
The Home Value To Income in Palmerton is 2.0x.
The Rent To Monthly Income in Palmerton is 0.17x.
Statistic | Palmerton | Pennsylvania | United States |
---|---|---|---|
Median Home Value | $122,600 | $197,300 | $244,900 |
Median Rent | $848 | $1,013 | $1,163 |
Median Income | $60,495 | $67,587 | $69,021 |
Home Value To Income | 2.0x | 2.9x | 3.5x |
Rent To Monthly Income | 0.17x | 0.18x | 0.2x |
Item | Palmerton | Pennsylvania |
---|---|---|
Shampoo | $1.04 | $1.06 |
Movie | $11.14 | $10.68 |
Bowling | $12.36 | $14.67 |
Haircut | $18.35 | $18.62 |
Beauty Salon | $43.55 | $39.05 |
Item | Palmerton | Pennsylvania |
---|---|---|
Ground Beef | $4.23 | $4.22 |
Fried Chicken | $1.36 | $1.39 |
Milk | $2.09 | $2.05 |
Potatoes | $3.02 | $3.29 |
Pizza | $10.21 | $10.62 |
Beer | $9.69 | $9.38 |
Toothpaste | $2.05 | $2.34 |
Item | Palmerton | Pennsylvania |
---|---|---|
Optometrist | $106.13 | $108.57 |
Doctor | $75.54 | $116.17 |
Dentist | $110.86 | $99.13 |
Item | Palmerton | Pennsylvania |
---|---|---|
Gasoline | $2.54 | $2.22 |
Tire Balancing | $46.64 | $50.07 |
Item | Palmerton | Pennsylvania |
---|---|---|
All Electricity | $186.66 | $167.67 |
Phone | $189.07 | $175.64 |
The cost of living varies in the cities and towns around Palmerton. Here's a quick look at the cost of living in the most populous nearby places:
Fullerton, PA has a cost of living index of 103, 1.1x Palmerton.
Emmaus, PA has a cost of living index of 100, 1.1x Palmerton.
Northampton, PA has a cost of living index of 99, 1.1x Palmerton.
City | Population | Cost Of Living | Vs. Palmerton |
---|---|---|---|
Fullerton, PA | 16,131 | 103 | 1.1x |
Emmaus, PA | 11,589 | 100 | 1.1x |
Northampton, PA | 10,328 | 99 | 1.1x |
Middletown, PA | 7,495 | 93 | 1.0x |
Ancient Oaks, PA | 7,229 | 117 | 1.3x |
Wescosville, PA | 7,020 | 111 | 1.2x |
Catasauqua, PA | 6,498 | 94 | 1.0x |
Nazareth, PA | 6,016 | 102 | 1.1x |
Sierra View, PA | 5,323 | 96 | 1.0x |
Lehighton, PA | 5,267 | 97 | 1.0x |