Cost of Living in Honesdale, PA
Housing
The housing market plays a significant role in determining the cost of living in Honesdale, PA.
- Housing Index: 110.0 / 100
- Median Home Price is: $211,500
- Average Rent (2 BR Apartment): $1600 per month
- Average Rent (2 BR House): $1650 per month
When considering a move to Honesdale, PA, examining its housing situation may be crucial. With a housing index of 110.0, it suggests above-average housing costs compared to national norms. The median home price stands at 211500, indicating a significant investment. For rental options, the average rent for a 2-bedroom apartment is 1600, while renting a 2-bedroom house averages 1650. These factors could impact your budget and lifestyle in Honesdale. Additionally, keep in mind that property values can fluctuate, and understanding local market trends will be beneficial.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Honesdale, PA.
- Electricity Price: $17.68 USD (median by state)
- Natural Gas Price: $17.61 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $250 per month
Living in Honesdale, PA could entail higher utility costs. Electricity costs sit at $17.68, while natural gas is priced at $17.61 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $250 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Honesdale is a financially viable option for your relocation.