Cost of Living in Punxsutawney, PA
Housing
The housing market plays a significant role in determining the cost of living in Punxsutawney, PA.
- Housing Index: 85.0 / 100
- Median Home Price is: $117,500
- Average Rent (2 BR Apartment): $800 per month
- Average Rent (2 BR House): $840 per month
When considering a move to Punxsutawney, PA, the current housing index of 85.0 suggests a relatively affordable market compared to national averages. With a median home price of 117500 and average rents for a 2BR apartment and house at 800 and 840, respectively, residents can find suitable housing options without a significant financial burden. Additionally, investment opportunities may be favorable given the low home prices and steady rental market. It’s essential to weigh these factors carefully in relation to your lifestyle and budgetary needs before deciding on a relocation.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Punxsutawney, 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.): $200 per month
Living in Punxsutawney, 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 $200 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 Punxsutawney is a financially viable option for your relocation.