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Clarence, PA vs Prospect Park, PA

69
Clarence
Pennsylvania
VS
-1.3%
70
Prospect Park
Pennsylvania

Clarence, PA and Prospect Park, PA have a very similar cost of living, with only a 1.3% difference in their overall index. Clarence scores 69 while Prospect Park scores 70 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 Clarence is $719/month compared to $904/month in Prospect Park — a 21% difference. Interestingly, home values tell a different story: while Clarence has cheaper rent, Prospect Park actually has lower median home values ($107,700 vs $172,800).

Median household income in Clarence is $71,625 compared to $38,750 in Prospect Park (+84.8%). Clarence offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Clarence spend roughly 12% of their income on rent, less than the 28% in Prospect Park.

Income & Cost

Cost of Living Index
Clarence
69
1% cheaper
Prospect Park
70
Median Household Income
Clarence
$71,625
46% higher
Prospect Park
$38,750

Housing

Median Rent
Clarence
$719
20% cheaper
Prospect Park
$904
Median Home Value
Clarence
$172,800
Prospect Park
$107,700
38% cheaper
Population
Clarence
767
Prospect Park
262

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Clarence $3.01
Prospect Park
US $3.07
🥚
Eggs (grade A, large)
Clarence $2.46
Prospect Park
US $2.50
🥛
Milk (whole)
Clarence $3.96
Prospect Park
US $4.03
🍞
Bread (white)
Clarence $1.82
Prospect Park
US $1.85
🍗
Chicken breast
Clarence $4.07
Prospect Park
US $4.14
Electricity
Clarence $0.22
Prospect Park
US $0.19