Cost of Living in Bedford, PA
Housing
The housing market plays a significant role in determining the cost of living in Bedford, PA.
- Housing Index: 100.9 / 100
- Median Home Price is: $179,000
- Average Rent (2 BR Apartment): $1511 per month
- Average Rent (2 BR House): $1642 per month
Based on the current data, Bedford, PA presents an interesting opportunity for homebuyers. The median home price stands at an attractive 179000, suggesting a favorable market for purchasing properties. With a housing index of 100.9, the demand may be either stagnant or scenario-dependent, potentially offering negotiation power for buyers. However, it's critical to note the absence of rental data, listed as 1511 and 1642. Therefore, It would be advisable to investigate local market trends and rental options to gauge overall investment viability in the region.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Bedford, 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 Bedford, 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 Bedford is a financially viable option for your relocation.