Bessemer, PA vs New Albany, PA

Bessemer, PA and New Albany, PA have a very similar cost of living, with only a 1.1% difference in their overall index. Bessemer scores 70 while New Albany scores 71 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Bessemer is $909/month compared to $924/month in New Albany — a 2% difference. Home values follow the same pattern: Bessemer is more affordable at $111,700 median vs $112,500.

Median household income in Bessemer is $63,214 compared to $72,750 in New Albany (-13.1%). While New Albany is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bessemer spend roughly 17.3% of their income on rent, more than the 15.2% in New Albany.