Sharon, PA, has a cost of living index that is slightly below the nationwide average. The overall index stands at 90, which is 10% lower than the national average of 100. This means that, on average, living expenses in Sharon are 10% less than in other parts of the country.
Specifically, housing costs in Sharon are 15% lower than the national average, while groceries and utilities are only 5% and 10% lower, respectively. Transportation and healthcare costs are close to the national average, with only slight variations. This balanced distribution makes Sharon an attractive option for those seeking a more affordable lifestyle without significant sacrifices in quality of life.
Sharon, PA, presents a cost of living that is notably lower compared to the nationwide average. The cost of living index for Sharon stands at 90, which is 10% below the national average of 100. This lower index suggests that residents of Sharon can expect to pay less for their overall living expenses. Housing costs in Sharon are particularly favorable, with an index of 85, indicating a 15% reduction from the national average. This makes housing one of the more affordable aspects of living in Sharon.
In addition to housing, other living expenses in Sharon also remain competitive. For instance, groceries have a cost of living index of 95, which is 5% below the national average. Utilities, at 90, are also 10% cheaper than the average. Transportation costs, with an index of 92, are slightly below the national average, offering a 8% savings. Healthcare costs in Sharon are at 88, which is 12% less than the national average. Miscellaneous expenses, with an index of 93, are 7% below the national average. These figures collectively highlight Sharon's affordability, making it an attractive option for those seeking to reduce their living expenses.
