Cost of Living in Oil city, PA
Housing
The housing market plays a significant role in determining the cost of living in Oil city, PA.
- Housing Index: 100.9 / 100
- Median Home Price is: $95,000
- Average Rent (2 BR Apartment): $1511 per month
- Average Rent (2 BR House): $1642 per month
Considering a move to Oil city, PA? The current housing data shows a housing index of 100.9, with a median home price of 95000—significantly affordable in comparison to many urban markets. However, with zero reported average rents for 2-bedroom apartments and houses, it's crucial to delve deeper. This may indicate potential market fluctuations or a lack of available rental properties. Ensure to research local amenities, job market health, and community dynamics, as these contribute greatly to completing the picture for a well-informed transition. Make sure this destination aligns with your lifestyle needs!
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Oil city, 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.): $241 per month
Living in Oil city, 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 $241 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 Oil city is a financially viable option for your relocation.