Charleroi, PA vs New Kensington, PA
Charleroi, PA and New Kensington, PA have a very similar cost of living, with only a 2.6% difference in their overall index. Charleroi scores 63 while New Kensington scores 65 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 Charleroi is $845/month compared to $694/month in New Kensington — a 22% difference. Interestingly, home values tell a different story: while New Kensington has cheaper rent, Charleroi actually has lower median home values ($56,200 vs $132,400).
Median household income in Charleroi is $43,487 compared to $49,644 in New Kensington (-12.4%). While New Kensington is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Charleroi spend roughly 23.3% of their income on rent, more than the 16.8% in New Kensington.
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