Cost of Living in Penfield, PA
Housing
The housing market plays a significant role in determining the cost of living in Penfield, PA.
- Housing Index: Data is updating
- Median Home Price is: $125,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Analyzing the real estate data for Penfield, PA, the housing index appears to be at 0.0, suggesting a potentially stagnant or challenging market environment. The median home price of 125000 indicates affordability, especially favorable for first-time buyers or investors. Nonetheless, with both average rentals for 2-bedroom apartments and houses also at 0.0, it could imply limited rental opportunities, possibly leading to higher demand for homebuying. As you consider relocating to Penfield, remember to factor in local amenities and quality of life beyond just housing costs.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Penfield, 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.): Data is updating
Living in Penfield, 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 data unavailable 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 Penfield is a financially viable option for your relocation.