Cost of Living in Meadville, PA
Housing
The housing market plays a significant role in determining the cost of living in Meadville, PA.
- Housing Index: 90.0 / 100
- Median Home Price is: $155,000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1280 per month
Considering the data for Meadville, PA, the housing index of 90.0 suggests a relatively affordable market compared to the national average. With a median home price of 155000, homebuyers might find investments agreeable, especially when homes are often more cost-effective than rent. The average rent for a 2-bedroom apartment is 1200, and for a house, it reaches 1280. Overall, this dynamic makes the area appealing for both renters and potential homeowners, especially in a time when many are prioritizing stable living conditions.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Meadville, 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 Meadville, 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 Meadville is a financially viable option for your relocation.