Cost of living in Taylor 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 Taylor 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 Taylor is 95, with 100 being the average.
The cost of living index in Taylor is 0.9x lower than the national average.
Taylor ranks as the #99 cheapest in Pennsylvania out of 247.
Taylor ranks as the #2,449 cheapest out of 6,412 in the US.
The median home value in Taylor is $155,500.
The median income in Taylor is $54,886.
According to the most recent data on the cost of living, Taylor has an overall cost of living index of 95, which is 0.9x lower than the national index of 100.
Compared to Pennsylvania, Taylor has a cost of living index that's 1.0x lower than Pennsylvania's index of 97.
The standard of living in Taylor ranks as #99 most affordable out of the 247 places we measured in Pennsylvania. By definition, that implies Taylor ranks as the #148 most expensive place in the Keystone State.
For more reading on life in Taylor, check out:
Six factors go into calculating the cost of living index in Taylor. Here is how it fairs on each of the criteria:
The Services index in Taylor is 101.
The Groceries index in Taylor is 107.
The Health index in Taylor is 93.
The Housing index in Taylor is 65.
The Transportation index in Taylor is 110.
The Utilities index in Taylor is 111.
Living Expense | Taylor | Pennsylvania | National Average | |
---|---|---|---|---|
Overall | 95 | 97 | 100 | |
Services | 101 | 99 | 100 | |
Groceries | 107 | 101 | 100 | |
Health | 93 | 97 | 100 | |
Housing | 65 | 85 | 100 | |
Transportation | 110 | 105 | 100 | |
Utilities | 111 | 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 Taylor is $155,500.
The Median Rent in Taylor is $861.
The Median Income in Taylor is $54,886.
The Home Value To Income in Taylor is 2.8x.
The Rent To Monthly Income in Taylor is 0.19x.
Statistic | Taylor | Pennsylvania | United States |
---|---|---|---|
Median Home Value | $155,500 | $197,300 | $244,900 |
Median Rent | $861 | $1,013 | $1,163 |
Median Income | $54,886 | $67,587 | $69,021 |
Home Value To Income | 2.8x | 2.9x | 3.5x |
Rent To Monthly Income | 0.19x | 0.18x | 0.2x |
Item | Taylor | Pennsylvania |
---|---|---|
Shampoo | $1.1 | $1.06 |
Movie | $10.58 | $10.68 |
Bowling | $16.34 | $14.67 |
Haircut | $14.89 | $18.62 |
Beauty Salon | $32.72 | $39.05 |
Item | Taylor | Pennsylvania |
---|---|---|
Ground Beef | $4.14 | $4.22 |
Fried Chicken | $1.61 | $1.39 |
Milk | $2.07 | $2.05 |
Potatoes | $3.78 | $3.29 |
Pizza | $9.31 | $10.62 |
Beer | $9.83 | $9.38 |
Toothpaste | $2.18 | $2.34 |
Item | Taylor | Pennsylvania |
---|---|---|
Optometrist | $59.08 | $108.57 |
Doctor | $78.28 | $116.17 |
Dentist | $108.44 | $99.13 |
Item | Taylor | Pennsylvania |
---|---|---|
Gasoline | $2.56 | $2.22 |
Tire Balancing | $51.69 | $50.07 |
Item | Taylor | Pennsylvania |
---|---|---|
All Electricity | $189.4 | $167.67 |
Phone | $189.07 | $175.64 |
The cost of living varies in the cities and towns around Taylor. Here's a quick look at the cost of living in the most populous nearby places:
Scranton, PA has a cost of living index of 94, 1.0x Taylor.
Dickson, TN has a cost of living index of 92, 1.0x Taylor.
Dunmore, PA has a cost of living index of 100, 1.1x Taylor.
City | Population | Cost Of Living | Vs. Taylor |
---|---|---|---|
Scranton, PA | 75,987 | 94 | 1.0x |
Dickson, TN | 15,855 | 92 | 1.0x |
Dunmore, PA | 14,009 | 100 | 1.1x |
Kingston, PA | 13,304 | 95 | 1.0x |
Old Forge, PA | 8,494 | 95 | 1.0x |
Pittston, PA | 7,589 | 89 | 0.9x |
Archbald, PA | 7,295 | 95 | 1.0x |
Blakely, PA | 6,640 | 96 | 1.0x |
Moosic, PA | 5,937 | 95 | 1.0x |
Exeter, PA | 5,516 | 94 | 1.0x |