Cost Of Living in Monaca, PA

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Monaca	Pennsylvania	National
Cost of living	91	98	100
Goods & Services	93	99	100
Groceries	100	99	100
Health care	91	94	100
Housing	68	91	100
Transportation	107	106	100
Utilities	125	107	100

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Cost Of Living Quick Facts

The cost of living in Monaca is 7% lower than the Pennsylvania average
The cost of living in Monaca is 9% lower than the national average
Monaca housing is 32% lower than the national average
Pennsylvania general sales tax is 18% higher than the national average
Pennsylvania state income tax is 18% higher than the national average

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$63,704	$5,309	$1,486	$1,911
Renters	$26,000	$2,167	$607	$780

To approximate the cost of living and the housing affordability in Monaca, PA, we can look at the percentage of income that is available to be spent on monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side, a consumer should not spend more than 28% of his or her gross income on housing-related expenses and costs and not more than 36% of income on all expenses and debts. Homeowners in Monaca have a median income of $63,704. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,486 per month to avoid calamity and poverty. The renters in the city have an income of about $26,000, which would make their monthly maximum allowable rental costs $607.

Pennsylvania Sales Tax

State	General Sales Tax	With Max Surtax
Pennsylvania	6%	8%

Pennsylvania Income Tax

State	Income Tax (Low)	Income Tax (High)
Pennsylvania	3.07%	3.07%

Goods & Services

Item	Monaca	National avg.	Difference
Haircut	$23.73	$24.26	2.2%
Beauty Salon	$40.40	$45.56	11.3%
Toothpaste	$3.72	$3.70	0.6%
Shampoo	$1.39	$1.28	8.5%
Movie	$11.77	$12.13	3.0%
Bowling	$16.24	$18.00	9.8%

Groceries

Item	Monaca	National avg.	Difference
Ground Beef	$5.70	$5.84	2.3%
Fried Chicken	$1.41	$1.57	10.6%
Milk	$4.52	$4.67	3.2%
Potatoes	$5.47	$4.93	10.8%
Pizza	$12.83	$12.09	6.2%
Beer	$10.58	$10.41	1.6%

Health Care

Item	Monaca	National avg.	Difference
Optometrist	$109.26	$125.68	13.1%
Doctor	$100.92	$135.78	25.7%
Dentist	$110.50	$113.29	2.5%
Ibuprofen	$10.45	$10.65	1.9%
Lipitor	$502.54	$468.60	7.2%

Housing

Item	Monaca	National avg.	Difference
Home Price	$119,700.00	$184,700.00	35.2%
Avg. Mortgage Payment	$2,225.61	$2,346.69	5.2%
Apartment Rent	$704.00	$949.00	25.8%

Transportation

Item	Monaca	National avg.	Difference
Gasoline	$3.73	$3.46	7.6%
Tire Balancing	$64.05	$59.92	6.9%

Utilities

Item	Monaca	National avg.	Difference
All Electricity	$270.68	$193.99	39.5%
Phone	$196.77	$192.25	2.4%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Glasgow, PA	115	81	19.1%
Negley, OH	352	82	17.5%
Midland, PA	2,608	83	17.1%
McKees Rocks, PA	5,892	84	16.4%
New Galilee, PA	320	84	15.5%
Monaca, PA	5,466	91	9.2%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Salamanca, NY	5,466	80	19.9%
Cowichan Valley C, BC	5,466	n/a
Sandersville, GA	5,468	84	16.2%
Indian Wells, CA	5,463	170	69.7%
Thunder Bay, Unorganized, ON	5,469	n/a
Monaca, PA	5,466	91	9.2%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

Cost of Living in Monaca, PA