Cost of Living in Factoryville, PA
Housing
The housing market plays a significant role in determining the cost of living in Factoryville, PA.
- Housing Index: 100.9 / 100
- Median Home Price is: $160,000
- Average Rent (2 BR Apartment): $1511 per month
- Average Rent (2 BR House): $1642 per month
Looking at the data for Factoryville, PA, the housing index appears to be favorable at 100.9, indicating the potential for growth or strong market activity. The median home price stands at 160000, suggesting that purchasing a property could be an affordable option compared to other regions. However, there seems to be no data for average rent prices for both 2-bedroom apartments and houses which may imply limited rental options or inaccurate reporting. Investing in the housing market in Factoryville could be beneficial, especially as costs remain low, but consider exploring rental opportunities further.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Factoryville, 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 Factoryville, 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 Factoryville is a financially viable option for your relocation.