Colwyn, PA vs Palmyra, PA

Colwyn, PA and Palmyra, PA have a very similar cost of living, with only a 0.1% difference in their overall index. Colwyn scores 83 while Palmyra scores 83 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 Colwyn is $1,267/month compared to $1,058/month in Palmyra — a 20% difference. Interestingly, home values tell a different story: while Palmyra has cheaper rent, Colwyn actually has lower median home values ($105,800 vs $211,900).

Median household income in Colwyn is $53,092 compared to $71,018 in Palmyra (-25.2%). While Palmyra is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Colwyn spend roughly 28.6% of their income on rent, more than the 17.9% in Palmyra.