Cost of Living in Cresco, PA
Housing
The housing market plays a significant role in determining the cost of living in Cresco, PA.
- Housing Index: 110.0 / 100
- Median Home Price is: $255,000
- Average Rent (2 BR Apartment): $1600 per month
- Average Rent (2 BR House): $1640 per month
Considering a move to Cresco, PA? With a housing index of 110.0, it's clear that the cost of living is above the national average, reflecting the demand in the area. The median home price is listed at 255000, making homeownership a considerable investment. Alternatively, renting may be an attractive short-term option, with average rents for a 2BR apartment at 1600 and a 2BR house at 1640. This data suggests a competitive market; potential residents should weigh their options carefully before making a decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Cresco, 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 Cresco, 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 Cresco is a financially viable option for your relocation.