The cost of living in Palmyra, PA, is notably lower than the nationwide average, which is set at 100. Housing costs in Palmyra stand at 80, which is 20% below the national average. Additionally, utilities and transportation costs are also lower, at 90 and 85, respectively. This makes Palmyra an attractive option for those looking to reduce their living expenses while maintaining a reasonable quality of life.
The cost of living in Palmyra, Pennsylvania, presents a favorable comparison to the nationwide average, which is set at 100. Housing costs in Palmyra stand at 80, indicating that residents can expect to pay 20% less than the national average for housing. This reduction can be a significant advantage for those looking to purchase or rent homes in the area.
In other areas, Palmyra also shows competitive figures. For groceries, the cost of living index is 95, meaning residents spend 5% less than the national average. Utilities cost 90, which is 10% below the national average, and miscellaneous expenses are at 95, also 5% less. Transportation costs are slightly lower, at 85, which represents a 15% savings. Healthcare costs remain on par with the national average at 100, offering no change in expense. Overall, Palmyra provides a cost-effective living environment in several key areas.