According to the most recent data on the cost of living, Prospect Park has an overall cost of living index of 107 which is 1.1x higher than the national index of 100.
Compared to only Pennsylvania, Prospect Park has a cost of living index that's 1.0x higher than Pennsylvania's index of 102.
The standard of living in Prospect Park ranks as #3,868 most affordable out of the 6,418 places we measured in Pennsylvania. By definition, that implies Prospect Park ranks as the #2,551 most expensive place in the Keystone State.
Living Expense | Prospect Park | Pennsylvania | National Average | |
---|---|---|---|---|
Overall | 107 | 102 | 100 | |
Services | 108 | 100 | 100 | |
Groceries | 118 | 108 | 100 | |
Health | 103 | 94 | 100 | |
Housing | 100 | 92 | 100 | |
Transportation | 116 | 113 | 100 | |
Utilities | 109 | 112 | 100 |
Housing swings affordability the most between places in Pennsylvania, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.
Statistic | Prospect Park | Pennsylvania | United States |
---|---|---|---|
Median Home Value | $198,600 | $187,500 | $229,800 |
Median Rent | $966 | $958 | $1,096 |
Median Income | $58,996 | $63,627 | $64,994 |
Home Value To Income | 3.4x | 2.9x | 3.5x |
Rent To Monthly Income | 0.2x | 0.18x | 0.2x |
Item | Prospect Park | Pennsylvania |
---|---|---|
Shampoo | $1.02 | $1.06 |
Movie | $12.0 | $10.68 |
Bowling | $18.8 | $14.67 |
Item | Prospect Park | Pennsylvania |
---|---|---|
Ground Beef | $4.57 | $4.22 |
Fried Chicken | $1.6 | $1.39 |
Milk | $2.18 | $2.05 |
Item | Prospect Park | Pennsylvania |
---|---|---|
Haircut | $19.66 | $18.62 |
Beauty Salon | $60.55 | $39.05 |
Toothpaste | $2.34 | $2.34 |
Item | Prospect Park | Pennsylvania |
---|---|---|
Potatoes | $3.66 | $3.29 |
Pizza | $10.67 | $10.62 |
Beer | $8.81 | $9.38 |
Optometrist | $108.61 | $108.57 |
Doctor | $133.89 | $116.17 |
Dentist | $96.86 | $99.13 |
Item | Prospect Park | Pennsylvania |
---|---|---|
Gasoline | $2.42 | $2.22 |
Tire Balancing | $60.97 | $50.07 |
All Electricity | $193.98 | $167.67 |
Phone | $192.07 | $175.64 |