A+
15%
Overall NAT. AVG.
4%
Goods & Services NAT. AVG.
49%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.
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 Nanticoke Pennsylvania National
Cost of living8598100
Goods & Services9699100
Groceries10299100
Health care9194100
Housing5191100
Transportation108106100
Utilities105107100

An Overview of Cost of Living in Nanticoke, PA

Are you thinking about relocating, but curious about the potential cost of living in Nanticoke? Is it more expensive or more affordable than average? Based on the most recent report, the cost of living in Nanticoke stands at 85, making it 15% lower than the national average. The cost of living directly affects the affordability of one's desired lifestyle. Knowing the cost of housing, transportation, groceries and other essentials in the new area allows people to gauge whether they can maintain their preferred standard of living.

Housing expenses can absorb a substantial portion of your net income, sometimes exceeding 30%. Thankfully, Nanticoke stands out by reporting housing costs that are 48.7% lower than the national average. This signifies that both homeownership and rental expenses in this region are considerably more budget-friendly compared to the rest of the country. With such favorable housing affordability, residents of Nanticoke can allocate a more reasonable portion of their income to housing, allowing for greater financial flexibility.

Is Nanticoke Affordable?

Is Nanticoke an affordable place to live? That's a valid question to ask when you're thinking about moving to a new city. After all, how much it costs to live somewhere can be a huge factor in your decision. Affordability can be broken down into 3 common categories. The cost of living index (we talked about it earlier), housing expenses and income levels all play a big role in figuring out if a place is affordable. For instance, in Nanticoke, the median home price is 56.3% lower than what most folks pay across the country, and monthly rent prices are 30.9% lower than the usual rates. Income levels in Nanticoke come in at $45,310, which is 18.1% lower than the national average.

What Factors can Influence the Cost of Living in Nanticoke?

Transportation: When public transportation options are limited or non-existent, residents frequently resort to vehicle ownership, which can significantly contribute to the overall cost of living. Monthly financial obligations encompass fuel, insurance, regular maintenance and potentially lease or financing expenses. In Nanticoke, the transportation index is 8.4% higher than the national average.

Healthcare: The costs associated with healthcare and insurance premiums can exhibit notable disparities based on the city or state of residence. Access to healthcare facilities, out-of-pocket expenses for medical appointments, dental care charges, prescription medication costs and specialized medical care expenses all contribute to variations in the cost of living. In Nanticoke, healthcare costs are 9.4% lower than the national average.

Housing: When there's a high demand for housing in trendy places, it can cause property prices and rental rates to soar, leading to a significantly higher cost of living. Conversely, in less desirable locations, where demand is low, prices tend to decrease, resulting in a more budget-friendly cost of living. In Nanticoke, the housing index is 48.7% lower than the national average.

Where is the Data From?

The Nanticoke cost of living data displayed above is derived from the C2ER cost of living index to provide a useful and reasonably accurate measure of living cost differences in urban areas. The index takes into account data from 300 independent researches, covering more than 60 goods and services across 6 different categories, to create an overall index for each area, with 100 being the average. The C2ER index does not include sales or income tax rates in their data, however AreaVibes does include both income and sales tax rates in the overall cost of living score for each area.

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Cost Of Living Quick Facts

  • The cost of living in Nanticoke is 13% lower than the Pennsylvania average
  • The cost of living in Nanticoke is 15% lower than the national average
  • Nanticoke housing is 49% 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

Most Affordable Places to Live in and Around Nanticoke

See all the best places to live around Nanticoke

Compare Nanticoke, PA Cost of Living

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      Salary Calculator

      This is how much you would need to earn in
      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$52,542$4,379$1,226$1,576
      Renters$32,440$2,703$757$973
      A good indicator of the general affordability of housing in Nanticoke, PA, is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Nanticoke, the median monthly income is $52,542 for those who own their own homes. Under the standard rule, that income level would allow for $1,226 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $32,440, per the median income in the area. That would allow for renters to spend up to $757 on monthly rental expenses.

      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 Nanticoke National avg. Difference
      Haircut $24.86$24.262.5%
      Beauty Salon $36.67$45.5619.5%
      Toothpaste $3.65$3.701.4%
      Shampoo $1.38$1.287.9%
      Movie $9.90$12.1318.4%
      Bowling $17.39$18.003.4%

      Groceries

      Item Nanticoke National avg. Difference
      Ground Beef $5.93$5.841.5%
      Fried Chicken $1.53$1.572.7%
      Milk $4.58$4.672.0%
      Potatoes $5.36$4.938.7%
      Pizza $10.88$12.0910.0%
      Beer $13.28$10.4127.5%

      Health Care

      Item Nanticoke National avg. Difference
      Optometrist $83.44$125.6833.6%
      Doctor $105.97$135.7822.0%
      Dentist $109.14$113.293.7%
      Ibuprofen $10.75$10.650.9%
      Lipitor $493.33$468.605.3%

      Housing

      Item Nanticoke National avg. Difference
      Home Price $80,700.00$184,700.0056.3%
      Avg. Mortgage Payment $1,439.22$2,346.6938.7%
      Apartment Rent $656.00$949.0030.9%

      Transportation

      Item Nanticoke National avg. Difference
      Gasoline $3.69$3.466.6%
      Tire Balancing $67.65$59.9212.9%

      Utilities

      Item Nanticoke National avg. Difference
      All Electricity $207.34$193.996.9%
      Phone $195.27$192.251.6%
      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.
      Plymouth, PA5,7808415.8%
      Glen Lyon, PA2,9298415.5%
      Ashley, PA2,7368515.5%
      Shickshinny, PA6148515.2%
      Hickory Hills, PA3928614.4%
      Nanticoke, PA10,2968514.5%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Bonham, TX10,295964.0%
      Bluffton, IN10,2988514.5%
      Melvindale, MI10,3008712.7%
      Forest Acres, SC10,3001021.6%
      Cottage Grove, OR10,3021054.7%
      Nanticoke, PA10,2968514.5%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.