Fairchance, PA vs South Renovo, PA

Fairchance, PA and South Renovo, PA have a very similar cost of living, with only a 1.1% difference in their overall index. Fairchance scores 68 while South Renovo scores 67 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 Fairchance is $707/month compared to $955/month in South Renovo — a 26% difference. Interestingly, home values tell a different story: while Fairchance has cheaper rent, South Renovo actually has lower median home values ($55,200 vs $159,000).

Median household income in Fairchance is $38,427 compared to $42,857 in South Renovo (-10.3%). South Renovo offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Fairchance spend roughly 22.1% of their income on rent, less than the 26.7% in South Renovo.