Honesdale, PA vs Smethport, PA

There is a significant gap in the cost of living between these two cities. Smethport is 23.1% cheaper than Honesdale. With a cost index of 66 vs 81, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Smethport to Honesdale should plan for substantially higher expenses across most categories.

On the housing front, median rent in Honesdale is $1,094/month compared to $768/month in Smethport — a 42% difference. Home values follow the same pattern: Smethport is more affordable at $115,000 median vs $180,600.

Median household income in Honesdale is $38,469 compared to $62,143 in Smethport (-38.1%). Smethport offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Honesdale spend roughly 34.1% of their income on rent, more than the 14.8% in Smethport. The Smethport ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.