Cost of Living in Reading, PA
Housing
The housing market plays a significant role in determining the cost of living in Reading, PA.
- Housing Index: 95.0 / 100
- Median Home Price is: $180,000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1280 per month
Considering a move to Reading, PA? With a housing index of 95.0, this area is notably accessible compared to national averages. The median home price sitting at 180000 presents a favorable opportunity for potential homeowners. Renting isn’t a strain either, with an average rent for a 2-bedroom apartment at 1200 and a 2-bedroom house at 1280. Additionally, understanding local amenities and community aspects can further enrich your decision-making process, making Reading a viable option for new beginnings. Explore and weigh all these factors carefully before making your move!
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Reading, 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.): $220 per month
Living in Reading, 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 $220 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 Reading is a financially viable option for your relocation.