The cost of living index in Palmyra, PA, shows some areas below the nationwide average of 100. Housing costs approximately 15% lower, while groceries and transportation each sit around 5% lower. Utilities and miscellaneous costs are 10% below the national average, and healthcare costs are on par with the national average.
Overall, residents of Palmyra, PA, can expect to spend about 91% of the cost they would incur in a place with the national average. This means that, on average, the cost of living is reasonably lower, making it a potentially attractive option for budget-conscious job seekers.
The cost of living index in Palmyra, PA, presents a mixed picture when compared to the nationwide average, which stands at 100. For housing, Palmyra’s index stands at 85, indicating that the costs are 15% lower than the national average. This presents a valuable opportunity for job seekers and families looking to save on housing expenses.
In contrast, some categories show higher costs relative to the national average. For example, the cost of groceries in Palmyra is 95, meaning they are 5% cheaper than the nationwide average. Similarly, transportation costs are 95, suggesting a slight decrease of 5%. Utilities and miscellaneous expenses also stand at 90, which is 10% below the national average. These lower costs in groceries, utilities, and miscellaneous items offer additional savings for residents. Overall, the cost of living in Palmyra provides a balanced mix of both affordable and slightly more expensive categories compared to the national average.
