A-
4%
Overall NAT. AVG.
7%
Goods & Services NAT. AVG.
15%
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 South Park Township Pennsylvania National
Cost of living9698100
Goods & Services9399100
Groceries10099100
Health care9194100
Housing8591100
Transportation107106100
Utilities125107100

An Overview of Cost of Living in South Park Township, PA

Understanding the cost of living in South Park Township can help future residents assess whether their current financial situation aligns with the expenses they will encounter. It enables them to plan for potential changes in their budget and lifestyle. The South Park Township cost of living index is 96, which is 4% lower than the national average. The cost of living index is calculated by taking into account multiple categories, which encompass both the cost of everyday expenditures and larger expenses as well.

The cost of living in South Park Township closely mirrors the national average in comparison to other cities nationwide. Essential items such as groceries, goods and services, health care and utilities are priced at a level consistent with similar urban areas. This means that residents of South Park Township can anticipate that their daily expenses will remain reasonably in line with those of an average city, contributing to a manageable cost of living.

Is South Park Township Affordable?

Is South Park Township 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 South Park Township, the median home price is 18.2% lower than what most folks pay across the country, and monthly rent prices are 8.7% lower than the usual rates. Income levels in South Park Township come in at $69,190, which is 25.1% higher than the national average.

What Factors can Influence the Cost of Living in South Park Township?

Subsidies: Some areas might offer government subsidies or assistance programs that help lower cost of living for residents. These programs can include anything from Medicare, Medicaid, housing subsidies, low-income home energy assistance programs, school lunch programs, supplemental nutrition assistance programs, student loans, electric vehicle tax credits, affordable care act subsidies and crop subsidies. Areas that offer less subsidies, could see an increase in their cost of living.

Groceries: Grocery costs have continued to increase significantly over the last 2-3 years. In some markets the cost of food has gone up by more than 20% in that period. While other markets have managed to see only a moderate uptick. These food costs can have a major impact on the cost of living in any area. In South Park Township, the groceries index is 0.3% lower 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 South Park Township, healthcare costs are 8.6% lower than the national average.

Where is the Data From?

The South Park Township 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 South Park Township is 2% lower than the Pennsylvania average
  • The cost of living in South Park Township is 4% lower than the national average
  • South Park Township housing is 15% 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 South Park Township

See all the best places to live around South Park Township

Compare South Park Township, 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$80,712$6,726$1,883$2,422
      Renters$42,312$3,526$987$1,269
      The percentage of monthly income spent on housing related expenses can help predict the affordability of housing in South Park Township, PA, as well as what the overall cost of living might be. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payments and not more than 36 percent of income on all expenses and debts. In South Park Township, homeowners have a median income of $80,712. Using that number, a maximum of $1,883 per month should be allocated to housing expenses. For those who are renting instead of owning, the median income is $42,312, which means there is a maximum of $987 to be spent on the costs of renting a home or apartment.

      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 South Park Township National avg. Difference
      Haircut $23.73$24.262.2%
      Beauty Salon $40.40$45.5611.3%
      Toothpaste $3.72$3.700.6%
      Shampoo $1.39$1.288.5%
      Movie $11.77$12.133.0%
      Bowling $16.24$18.009.8%

      Groceries

      Item South Park Township National avg. Difference
      Ground Beef $5.70$5.842.3%
      Fried Chicken $1.41$1.5710.6%
      Milk $4.52$4.673.2%
      Potatoes $5.47$4.9310.8%
      Pizza $12.83$12.096.2%
      Beer $10.58$10.411.6%

      Health Care

      Item South Park Township National avg. Difference
      Optometrist $109.26$125.6813.1%
      Doctor $100.92$135.7825.7%
      Dentist $110.50$113.292.5%
      Ibuprofen $10.45$10.651.9%
      Lipitor $502.54$468.607.2%

      Housing

      Item South Park Township National avg. Difference
      Home Price $151,100.00$184,700.0018.2%
      Avg. Mortgage Payment $2,225.61$2,346.695.2%
      Apartment Rent $866.00$949.008.7%

      Transportation

      Item South Park Township National avg. Difference
      Gasoline $3.73$3.467.6%
      Tire Balancing $64.05$59.926.9%

      Utilities

      Item South Park Township National avg. Difference
      All Electricity $270.68$193.9939.5%
      Phone $196.77$192.252.4%
      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.
      Van Voorhis, PA4781010.8%
      Naomi, PA521010.8%
      Westland, PA451010.8%
      Southview, PA3141010.8%
      Webster, PA781010.8%
      South Park Township, PA13,470964.1%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Englewood, OH13,474937.5%
      Shiloh, IL13,465991.3%
      Grover Beach, CA13,48115656.1%
      Lake Forest Park, WA13,45517676.5%
      Wetaskiwin, AB13,487n/a 
      South Park Township, PA13,470964.1%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.